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Compute the PI static for your firm's new project if the appropriate cost of capital is 12 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 12 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 -620 50 590 790 790 390 790

Should the project be accepted or rejected?

Multiple Choice

  • Accepted

  • Rejected

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