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Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. Note: Negative amount should be indicated by a

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Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 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 Y Time: 0 Cash flow: -$ 8,300 1 $ 3,410 2 3 4 $ 4,240 $ 1,580 $ 360 rint NPV (404.43) D erences Should the project be accepted or rejected? Rejected

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