Question: Compute the Pl statistic for Project Z if the appropriate cost of capital is 6 percent. (Do not round intermediate calculations and round your final

Compute the Pl statistic for Project Z if the appropriate cost

Compute the Pl statistic for Project Z if the appropriate cost of capital is 6 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project z Time: Cash flow: 1 -$3,400 $750 2 $880 3 $1,050 $700 5 $500 PI Should the project be accepted or rejected? rejected O accepted

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