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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. (Do not

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. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project K Time: 0 1 2 3 4 5 Cash flow: $10,000 $5,000 $6,000 $6,000 $5,000 $10,000 Should the project be accepted or rejected? multiple choice accepted rejected.

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