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Problem 13-2 NPV with Normal Cash Flows (LG13-3) Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent. (Negative

Problem 13-2 NPV with Normal Cash Flows (LG13-3) Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project Y Time: 0 1 2 3 4 Cash flow $8,800 $3,510 $4,340 $1,680 $460 NPV $ Should the project be accepted or rejected? Accepted Rejected

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