Question: Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. (Negative amount should be indicated by a minus sign.

Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. (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: Cash flow: 0 -$8,000 1 $3,350 2 $4,180 3 4 $1,520 $300 NPV Should the project be accepted or rejected? O accepted O rejected
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