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Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sign. Do

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Compute the NPV for Project M 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 final answer to 2 decimal places.) 1 2 3 4 Project M Time: Cash flow: 5 $3,200 $670 $800 $840 $920 $420 NPV Should the project be accepted or rejected? Orejected accepted

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