Problem $13-2$ NPV with Non$-$normal Cash Flows $($LG$13-3)$

Compute the NPV statistic for Project $U$ 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 $U$

NPV

Should the project be accepted or rejected?