Compute the NPV statistic for Project K and recommend whether the firm should accept or reject the project with the cash flows shown below if the
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Compute the NPV statistic for Project K and recommend whether the firm should accept or reject the project with

the cash flows shown below if the appropriate cost of capital is 6%


Time Cash Flow

0 -10,000

1 5,000

2 6,000

3 6,000

4 5,000

5 -10,000

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