Question
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 places.)
| Project Y | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow: | $8,500 | $3,450 | $4,280 | $1,620 | $400 |
Should the project be accepted or rejected?
-
accepted
-
rejected
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
