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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.

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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. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project u Time: Cash flow : 0 -$2,500 1 $750 $2,480 3 -$720 4 $700 5 -$300 NPY Should the project be accepted or rejected? rejected accepted

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