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Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. (Negative amount should be indicated by a minus sign.
| Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 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 | $8,100 | $3,650 | $4,480 | $1,820 | $600 |
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