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Problem 1 3 - 1 NPV with Normal Cash Flows ( LG 1 3 - 3 ) Compute the NPV statistic for Project Y if

Problem 13-1 NPV with Normal Cash Flows (LG13-3)
Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 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 Y
NPV
Should the project be accepted or rejected?
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