Compute the NPV for Project M if the appropriate cost of capital is 9 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project M Time: 0 1 2 3 4 5 Cash flow –$2,400 $630 $760 $800 $880 $380
NPV $ _____? Should the project be accepted or rejected? Accepted Rejected