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MCPortal/secure/stud Help Save & Exit Submit Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be

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MCPortal/secure/stud Help Save & Exit Submit 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 found intermediate calculations and round your final answer to 2 decimal places.) Project Time: Cash Flow? 0 1 -$2,200 $590 2 $720 3 $760 4 $840 5 $340 NPV Should the project be accepted or rejected? accepted rejected

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