Question: Problem 13-4 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV for Project K if the appropriate cost of capital is 6 percent. (Negative amount

 Problem 13-4 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV

Problem 13-4 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV for Project K if the appropriate cost of capital is 6 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 K Time: 0 1 Cash flow: 1 2 3 $10,600 $5,300 $6,300 $6,300 4 5 $5,300 -$10,600 NPV

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