Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. (Negative
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Question:
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 place.)
| Project Y | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $8,100 | $3,370 | $4,200 | $1,540 | $320 |
| NPV | $ |
| Should the project be accepted or rejected? | ||
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