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Compute the NPV for Project K if the appropriate cost of capital is 5 percent. (Negative amount should be indicated by a minus sign. Do

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Compute the NPV for Project K if the appropriate cost of capital is 5 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project K Time: Cash flow $10,500 $5,250 $6,250 $6,250 $5,250 -$10,500 2 4 5 NPV Should the project be accepted or rejected? O Accepted O Rejected

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