Compute the NPV statistic for Project U if the appropriate cost of capital is 9 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 U Time: 0 1 2 Cash flow: -$2,300 $670 $2,280 NPV Should the project be accepted or rejected? accepted rejected 3 -$680 4 $620 5 -$260

Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) NPV Should the project be accepted or rejected? accepted rejected