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Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus sign.
Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Project U | |||||||
Time: | 0 | 1 | 2 | 3 | 4 | 5 | |
Cash flow | $1,550 | $570 | $2,030 | $630 | $520 | $210 | |
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