Question: Compute the Pl statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if

Compute the Pl statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 8 percent. 3 102 Time: 0 4 5 52 Cash flow 0 O 48.28%, accept O 8.00%, reject O 24.66%, accept O 32.03% accept
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