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

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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 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?

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