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Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent. (Negative amount should be indicated by a minus sign.

Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal place.)

Project Y
Time 0 1 2 3 4
Cash Flow -$8,800 $3,510 $4,340 $1,680 $460

NPV:

Should the project be accepted or rejected?

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