Question: Compute the Pl statistic for Project Z if the appropriate cost of capital is 7 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 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Z Time: Cash flow: -$2,000 1 $550 2 $680 3 $850 4 $500 5 $300 PI Should the project be accepted or rejected? rejected accepted

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