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Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal place.) Project Y Time: 0 1 2 3 4 Cash flow –$8,500 $3,450 $4,280 $1,620 $400 NPV $ Should the project be accepted or rejected? Accepted Rejected

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