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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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