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Compute the PI statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if
Compute the PI statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 8 percent. Time:012345 Cash Flow: -82 -82 0 107 82 57 A. 26.08, AcceptB. 1.32, AcceptC. 8.00, RejectD. 25.12, Accept
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