Question: WORK Problem 13-2 NPV with Normal Cash Flows (LG13-3) Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent.

 WORK Problem 13-2 NPV with Normal Cash Flows (LG13-3) Compute the

WORK Problem 13-2 NPV with Normal Cash Flows (LG13-3) Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 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 $ 8,500 $3,450 $4,280 $1,620 4 $400 NPV Should the project be accepted or rejected? O accepted rejected

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