Question: Problem 13-3 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negotive
Problem 13-3 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negotive amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project U Time: Cash flow: 0 -$2,350 1 $690 2 $2,330 3 -$690 4 $640 5 -$270 NPV Should the project be accepted or rejected? Orejected accepted
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