Question: Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final

Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project 2 Time: 0 1 Cash flow: -$1,700 $490 PI 2 $620 O accepted O rejected 3 $790 Should the project be accepted or rejected? 4 $440 in $240
 Compute the PI statistic for Project Z if the appropriate cost

Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Should the project be occepted or rejected? accepted rejected

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