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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.

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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. Round your final answer to 2 decimal places.) Project Y Time: Cash flow 0 -$8,300 $3,690 $4,520 $1,860 $640 6 3 NPV Should the project be accepted or rejected? Rejected O Accepted HintsReferenceseBook & Resources Check my work

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