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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 Time: 10 1 2 points Cash flow: -$3,100 $710 $840 $880 $960 $460 ook NPV Hint Print References Should the project be accepted or rejected? rejected cepted

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