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Problem 13-3 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV statistic for Project U If the appropriate cost of capital is 10 percent. (Negative

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Problem 13-3 NPV with Non-normal Cash Flows (LG13-3) Compute the NPV statistic for Project U If the appropriate cost of capital is 10 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 Time: cash flow 0 -$1,300 1 $470 $1.780 5420 5 -5160 NPV Should the project be accepted or rejected? accepted O rejected

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