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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:

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: 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: $ 1,000 $ 350 $ 1,480 $ 520 $ 300 $ 100

NPV=

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