Question: Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent. Project Z Time: 0 1 2 3 4 5

Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent.
Project Z
Time: 012345
Cash flow: $ 1,700 $ 490 $ 620 $ 790 $ 440 $ 240

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