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. 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

PI

Should the project be accepted or rejected?
Accepted
Rejected

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