Question: Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. Note: Negative amount should be indicated by a minus
Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent.
Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.
Project Y
| Time: | 0 | 1 | 2 | 3 | 4 |
|---|---|---|---|---|---|
| Cash flow: | $ 8,700 | $ 3,490 | $ 4,320 | $ 1,660 | $ 440 |
NPV=
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