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Problem 13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. Note:

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Problem 13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 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 Answer is complete but not entirely correct. Should the project be accepted or rejected

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