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Problem 13-3 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negative

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Problem 13-3 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV statistic for Project U if the appropriate cost of capital is 11 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 1 Time: Cash flow -$1,250 $450 $1,730 -$570 $400 -$150 NPV Should the project be accepted or rejected? O accepted O rejected

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