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: 0 1 2 Cash flow: -$1,800 $510 $640 PI 3 $810 Should the project be accepted or rejected? O rejected O accepted 4 $460 5 $260

Compute the PI statistic for Project Z if the approprlate cost of capital is 6 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Should the project be accepted or rejected? rejected accepted