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Compute the NPV statistic for Project Y if the appropriate cost of capital is 11...

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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: -$9,300 $3,610 $4,440 $1,780 $560 NPV Should the project be accepted or rejected? accepted rejected

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