Question: 15 Compute the Pl statistic for Project Z if the appropriate cost of capital is 6 percent. Project Z Time: Cash flow: 0 1

15 Compute the Pl statistic for Project Z if the appropriate cost of capital is 6 percent. Project Z Time: Cash flow: 0 1 2 3 4 -$ 2,100 $ 570 $ 700 $ 870 $ 520 5 $ 320 Should the project be accepted or rejected? Note: Do not round intermediate calculations and round your final answer to 2 decimal places. PI Should the project be accepted or rejected? Rejected

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