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Return to question 16 Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. (Negative amount should be indicated

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Return to question 16 Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) points Project Y Time: Cash flow : 0 1 2 3 -$8,100 $3,370 $4,200 $1,540 4 $320 Answer is complete but not entirely correct. NPV $ (659.88) Should the project be accepted or rejected? accepted rejected

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