Question: Compute the Pl statistic for Project Z if the appropriate cost of capital is 6 percent. Project Z Time: 0 1 2 3 4

Compute the Pl statistic for Project Z if the appropriate cost of

Compute the Pl statistic for Project Z if the appropriate cost of capital is 6 percent. Project Z Time: 0 1 2 3 4 5 Cash flow: -$ 2,500 $ 650 $ 780 $ 950 $ 600 $ 400 Should the project be accepted or rejected? Note: Do not round intermediate calculations and round your final answer to 2 decimal places. PI Should the project be accepted or rejected?

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