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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.

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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: Cash flow: 1 $610 -$2,150 2 3 $2,130 -5650 $560 5 -$230 NPV Should the project be accepted or rejected? rejected accepted

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