Compute the PI statistic for Project Z if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Z Time: 0 1 2 3 4 5 Cash flow: $1,300 $410 $540 $710 $360 $160 Should the project be accepted or rejected? multiple choice accepted rejected

Compute the Pl statistic for Project Z if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project 2 Time: 0 Cash flow: $1,300 1 $410 2 $540 3 $710 4 $360 5 $160 PI Should the project be accepted or rejected? accepted rejected