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5 Compute the Pl statistic for Project Z If the appropriate cost of capital is 6 percent 0.66 points Project Z Time: 0 1

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5 Compute the Pl statistic for Project Z If the appropriate cost of capital is 6 percent 0.66 points Project Z Time: 0 1 2 3 4 5 Cash flow: -$ 3,100 $ 690 $ 820 $ 990 $ 640 $ 440 Print Should the project be accepted or rejected? References Note: Do not round Intermediate calculations and round your final answer to 2 decimal places. PI Should the project be accepted or rejected?

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