Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 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 Y          
Time: 0 1 2 3 4
Cash flow: −$8,300 $3,410 $4,240 $1,580 $360
 

 

NPV ?
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