In: Finance
Compute the NPV statistic for Project Y 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 Y | |||||
Time: | 0 | 1 | 2 | 3 | 4 |
Cash flow: | –$8,100 | $3,370 | $4,200 | $1,540 | $320 |