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.)

Project YTime: 0 1 2 3 4

Cash flow:-$9,300 $3,610 $4,440 $1,780 $560

Should the project be accepted or rejected?

• accepted
• rejected