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How do you compute the NPV based on the below information? Compute the NPV for Project M if the appropriate cost of capital is 8

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How do you compute the NPV based on the below information?

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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.) project Fl Time : Cash flow: NPV 1 $590 2 $720 3 $760 4 $840 5 $340 Should the project be accepted or rejected? O accepted O ted rejec

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