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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.
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 and round your final answer to 2 decimal places.)
Project Y | |||||
Time: | 0 | 1 | 2 | 3 | 4 |
Cash flow: | $8,200 | $3,670 | $4,500 | $1,840 | $620 |
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