Question: Problem 13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV for Project M if the appropriate cost of capital is 8 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 8 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: -1,300 $410 $540 $580 $660 $160 NPV Should the project be accepted or rejected? accepted Orejected

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