# 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?