1. Compute the NPV statistic for Project Y. Explain whether or not the firm should accept or reject the project with the cash flows shown in the chart below if the appropriate cost of capital is 10%.
Year Cash Flow
0 -$8,000
1 $3,350
2 $4,180
3 $1,520
4 $300
NPV=
[NPV Calc. here]
[Brief Explanation]