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Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be indicated by a minus Do not

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Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be indicated by a minus Do not round intermediate calculations and round your final answer to 2 decimal places.) Project M Time : Cash flow : 4 0 -$1,300 1 $410 2 $540 3 $580 5 $ 160 $660 NPV Should the project be accepted or rejected? O accepted O rejected

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