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Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus

 

Compute the NPV statistic for Project U 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.) Project U Time: 0 1 2 Cash flow: -$1,100 $390 $1,580 NPV Should the project be accepted or rejected? rejected 3 -$540 O accepted 4 $340 5 -$120

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