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13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. Note: Negative

13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. Note: 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: 0 1 2 3 4 Cash flow: $ 8,100 $ 3,370 $ 4,200 $ 1,540 $ 320 Should the project be accepted or rejected? (Click to select)

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