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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 6 percent. (Negative amount

Problem 13-4 NPV with Non-normal Cash Flows (LG13-3)

Compute the NPV for Project K if the appropriate cost of capital is 6 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Project K
Time: 0 1 2 3 4 5
Cash flow $11,500 $5,750 $6,750 $6,750 $5,750 $14,500

NPV $

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