Question: Compute the PI statistic for Project Zif the appropriate cost of capital is 6 percent.(Do not round intermediate calculations and round your finalanswer to 2

Compute the PI statistic for Project Zif the appropriate cost of capital is 6 percent.(Do not round intermediate calculations and round your finalanswer to 2 decimal places.)

Time: 0

Cash Flow: -$2,400

Time: 1

Cash Flow: $630

Time: 2

Cash Flow: $760

Time: 3

Cash Flow: $930

Time: 4

Cash Flow: $580

Time: 5

Cash Flow: $ 380

PI _______________

Should the project be accepted or rejected?

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