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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 bya minus sign. Do

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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 bya minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Y Time: Cash flow: $8,400 $3,430 $4,260 $1,600 $380 4 NPV Should the project be accepted or rejected? O accepted O rejected

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