16 Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. Note: 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 Cash flow: -$ 2,350 $ 690 $ 2,330 -$ 690 NPV Should the project be accepted or rejected? (Click to select) v 4 $ 640 -$ 270

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter10: The Basics Of Capital Budgeting: Evaluating Cash Flows
Section: Chapter Questions
Problem 23SP
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16
Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent.
Note: 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
Cash flow: -$ 2,350 $ 690 $ 2,330 -$ 690
NPV
Should the project be accepted or rejected?
(Click to select) v
4
$ 640 -$ 270
Transcribed Image Text:16 Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. Note: 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 Cash flow: -$ 2,350 $ 690 $ 2,330 -$ 690 NPV Should the project be accepted or rejected? (Click to select) v 4 $ 640 -$ 270
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