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Compute the PI static for your firm's new project if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round

Compute the PI static for your firm's new project if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal laces.)

Your firm's project

Time 0 1 2 3 4 5 6
Cash Flow -860 170 470 670 670 270 670

Should the project be accepted or rejected?

Accepted

Rejected

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