2. Finance
3. compute the npv statistic for project u if the appropriate...

# Question: compute the npv statistic for project u if the appropriate...

###### Question details

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 3 4 5 Cash flow: –$2,200$630 $2,180 –$660 $580 –$240

NPV=

Should the project be accepted or rejected?