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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 $1,100 $390 $1,580 $540 $340 $120 NPV $ Should the project be accepted or rejected? Accepted Rejected

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