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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 10 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 10 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: 0 1 2 3 4 5 Cash flow: -$ 2,250 $ 650 $ 2,230 -$ 670 $ 600 -$ 250 NPV Should the project be accepted or rejected? ces (Click to select)

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