Question: Problem 13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Negative amount

Problem 13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV

Problem 13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV for Project M if the appropriate cost of capital is 7 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 M Time: Cash flow: o $1,100 $370 1 2 $500 3 $540 4 $620 5 $120 NPVC

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