Compute the NPV statistic for Project Y if the appropriate cost of capital is 10 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 Y Time: 0 1 2 3 4 Cash flow: $8,600 $3,750 $4,580 $1,920 $700 Should the project be accepted or rejected? multiple choice rejected accepted

Compute the NPV statistic for Project Y if the appropriate cost of capital is 10 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 Y Time: Cash flow: 0 1 2 3 -$8,600 $3,750 $4,580 $1,920 $ 700 NPV Should the project be accepted or rejected? rejected accepted