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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
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.) Project M Time: Cash flow : 1 $550 2 $680 3 $720 4 $800 5 $300 -$2,000 NPV Should the project be accepted or rejected? O accepted O rejected
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