Question: Return to question 2 Problem 13-2 NPV with Normal Cash Flows (LG13-3) 2 points Compute the NPV statistic for Project Y if the appropriate cost

Return to question 2 Problem 13-2 NPV with Normal Cash Flows

Return to question 2 Problem 13-2 NPV with Normal Cash Flows (LG13-3) 2 points Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 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 Y Time: Cash flow: 0 1 2 3 4 -$8,700 $3,490 $4,320 $1,660 $440 X Answer is complete but not entirely correct. NPV $ 510.68 x

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