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Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer

Compute the NPV for Project M if the appropriate cost of capital is 7 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 M

Time: 0 1 2 3 4 5

Cash flow – $2,000 $550 $680 $720 $800 $300

Should the project be accepted or rejected?

Jun 26 2021 View more View Less

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