conc 1 Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations and round your final answer to 2 decimal places.) 2 points Project M Time: Cash flow 2 0 1 -1.900 $530 $700 $780 $280 Answer is complete but not entirely correct. NPV (00.62) Should the project be accepted or rejected? accepted rejected