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Connect Only Problem 13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV for Project M if the appropriate cost of capital is 7

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Connect Only Problem 13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV for Project M if the appropriate cost of capital is 7 percent. Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places. Project M Time: 0 1 2 3 4 5 Cash flow: -$2,000 $550 $680 $720 $800 $300 NPV Should the project be accepted or rejected? Accepted

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