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: 0 -$1,200 1 $390 2 $520 3 $699 4 $340 5 $140 PI Should the project be accepted or rejected? accepted rejected

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