Compute the NPV for Project K if the appropriate cost of capital is 7 percent. (Negative amount
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Question:
Compute the NPV for Project K if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your finalanswer to 2 decimal places.)
Project K
Time: 0 1 2 3 4 5
Cash flow-$11,000 $5,500 $6,500 $6,500 $5,500 -$11,000
NPV$
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