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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 -720 100 540 740 740 340 740

Should the project be accepted or rejected?

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