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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 sign. Do

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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 sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project M Cash flow: -53,100 6710 4840 880 6960 460 Should the project be accepted or rejected? rejected accepted

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