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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
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: | 0 | 1 | 2 | 3 | 4 | 5 |
Cash flow: | $3,000 | $690 | $820 | $860 | $940 | $440 |
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