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Problem 13-2 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV statistic for Project U if the appropriate cost of capital is 9 percent.

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Problem 13-2 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV statistic for Project U if the appropriate cost of capital is 9 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 Time: Cash flow: 0 -$ 1,350 1 2 $ 490 $ 1,830 3 -$ 590 4 $ 440 5 -$ 170 NPV Should the project be accepted or rejected? (Click to select)

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