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Compute the NPV statistic for Project K if the appropriate cost of capital is 7 percent. Note: Negative amount should be indicated by a minus
Compute the NPV statistic for Project K if the appropriate cost of capital is 7 percent.
Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.
Project K
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|---|
| Cash flow: | $10,700 | $5,350 | $6,350 | $6,350 | $5,350 | $10,700 |
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