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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:

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: 0 1 2 3 4 5 Cash flow: $ 1,200 $ 430 $ 1,680 $ 560 $ 380 $ 140 Should the project be accepted or rejected? (Click to select)

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