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 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. Round your final answer to 2 decimal places.) |
| Project K | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $11,500 | $5,750 | $6,750 | $6,750 | $5,750 | $14,500 |
| NPV | $ |
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