Question: Problem 13-13 PI (LG13-6) Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent. (Do not round intermediate calculations

Problem 13-13 PI (LG13-6)

Compute the PI 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: 0,1,2,3,4,5

Cash Flow: -$1,500, $450, $580, $750, $400, $200

Should this project be accepted or rejected?

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