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Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent (Negative amount should be indicated by a minus sign.

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Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 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 Time: Cash flow o 2 -59,100 93.570 54,400 $3.740 520 NPV Should the project be accepted or rejected accepted rejected

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