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 and round your final answer to 2 decimal places.)

Project U
Time:	0	1	2	3	4	5
Cash flow:	$1,250	$450	$1,730	$570	$400	$150

Should the project be accepted or rejected?

multiple choice

• rejected

• accepted