Question: Problem 13-13 PI (LG6) Compute the PI static for Project Z if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations

Problem 13-13 PI (LG6)

Compute the PI static for Project Z if the appropriate cost of capital is 8 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 $1,000 $350 $480 $650 $300 $100

PI %

Should the project be accepted or rejected?
Rejected
Accepted

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