Should project be accepted or rejected

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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 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?

Reference no: EM131499686

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