Compute the NPV statistic for Project U if the appropriate cost of capital is 11 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 U

Time:	0	1	2	3	4	5
Cash flow:	$ 1,100	$ 390	$ 1,580	$ 540	$ 340	$ 120

NPV:____

Should the project be accepted or rejected?

(Click to select) Accepted Rejected