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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. Round your final answer to 2 decimal places.)
Project Y | |||||
Time: | 0 | 1 | 2 | 3 | 4 |
Cash flow | $9,300 | $3,610 | $4,440 | $1,780 | $560 |
NPV | $ |
Should the project be accepted or rejected? | ||||
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