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7 Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by minus sign.

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7 Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by minus sign. Do not round Intermediate calculations and round your final answer to 2 decimal places.) Droject Cash flow: 0 -$2,200 1 $630 2 $2,180 3 -$660 4 5580 5 - $240 NPV Should the project be accepted or rejected? O rejected O accepted

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