372.41

Compute the NPV for Project M if the appropriate cost of capital is 9 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 M Time: Cashflow: 1 -$2,100 $570 2 $700 3 $740 4 5520 5 $320 NPV Should the project be accepted or rejected? O accepted O rejected