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Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent.(Negative amount should be indicated by a minus sign.Do not
Compute the NPV statistic for Project Y 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 finalanswer to 2 decimal places.)
Time: 0
Cash flow: $ -8,200
Time: 1
Cash flow: $3,670
Time: 2
Cash flow: $4,500
Time: 3
Cash flow: $ 1,840
Time: 4
Cash flow: $620
NPV :
Should the project be accepted or rejected?
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