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Compute the NPV statistic for project Y if the appropriate cost of capital is 11 percent. Project Y Time: 0. 1. 2. 3. 4. Cash

Compute the NPV statistic for project Y if the appropriate cost of capital is 11 percent.

Project Y

Time: 0. 1. 2. 3. 4.

Cash flow: -9000 3550 4380 1720 500

NPV ____

Reject or accept?

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