Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 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: Cash flow: NPV 0 -$ 8,300 (Click to select) C 1 $ 3,690 Should the project be accepted or rejected? 2 $ 4,520 3 $ 1,860 4 $ 640

Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 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 NPV Should the project be accepted or rejected