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Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. (Negative amo minus sign. Do not round intermediate calculations

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Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. (Negative amo minus sign. Do not round intermediate calculations and round your final answer to 2 decimal plac Project Y Time: Cash flow: 0 1 2 3 -$8,200 $3,670 $4,500 $1,840 4 $620 NPV Should the project be accepted or rejected? O rejected O accepted

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