Question $2$

$8\mathrm{.}33$ pts

Compute the NPV statistic for Project $U$ if the appropriate cost of capital is $10$ 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 $U$

Time:

$0$

$1$

$2$

$3$

$4$

Cash flow:

$-$$$1,300$

$$470$

$$1,780$

$-$$$580$

$$420$