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Problem 13-4 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV for Project K if the appropriate cost of capital is 5 percent. (Negative amount

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Problem 13-4 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV for Project K if the appropriate cost of capital is 5 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 K Time: 0 1 2 4 5 Cash flow: -$11, 700 $5,850 $6, 850 $6,850 $5,850 -$14, 700 NPV $ 0.00 es Should the project be accepted or rejected? rejected O accepted

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