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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
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: 1 2 3 4 5 Cash flow: -$11,100 $5,550 $6,550 $6,550 $5,550 -$11,100 NPV Should the project be accepted or rejected? accepted rejected
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