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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: Cash flow: 0 1 2 3 4 5 -$10,500 $5,250 $6,250 $6,250 $5,250 -$10,500 NPV Should the project be accepted or rejected? accepted rejected

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