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

Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 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 $ 8,000 $ 3,630 $ 4,460 $ 1,800 $ 580

NPV

Should the project be accepted or rejected?

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