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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

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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 amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Y Time: Cash flow: 4 0 1 2 3 $8,800 $3,510 $4,340 $1,680 $ 460 NPV Should the project be accepted or rejected? accepted O rejected

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