Item6

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Item 6

Item 6 10 points

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 and round your final answer to 2 decimal places.)

Project Y
Time:	0	1	2	3	4
Cash flow:	$8,400	$3,710	$4,540	$1,880	$660