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5 Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your

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5 Compute the PI 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.) 10 points Project 2 Time: Cash flow: 0 -$2,000 2 $680 3 $850 4 $500 5 $300 $550 PI eBook of Hint Print Should the project be accepted or rejected? Roller References OO rejected accepted

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