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: | –$2,500 | $750 | $2,480 | –$720 | $700 | –$300 |
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