Compute the NPV for Project

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Compute the NPV for Project M if the appropriate cost of capital is 8 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 –$2,200 $590 $720 $760 $840 $340

NPV $

Should the project be accepted or rejected?

Reference no: EM132068808

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