Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. Note: 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 Cash flow: -$ 8,900 $ 3,530 2 $ 4,360 3 $ 1,700 4 $ 480 NPV Chec

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent.
Note: 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
Cash flow:
-$ 8,900
$ 3,530
2
$ 4,360
3
$ 1,700
4
$ 480
NPV
Chec
Transcribed Image Text:Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. Note: 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 Cash flow: -$ 8,900 $ 3,530 2 $ 4,360 3 $ 1,700 4 $ 480 NPV Chec
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