Question: Problem 13-2 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV statistic for Project U if the appropriate cost of capital is 10 percent. Note:
Problem 13-2 NPV with Non-normal Cash Flows (LG13-3)
Compute the NPV statistic for Project U if the appropriate cost of capital is 10 percent.
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Project U
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|---|
| Cash flow: | $ 1,000 | $ 350 | $ 1,480 | $ 520 | $ 300 | $ 100 |
NPV=
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