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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

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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 the appropriate cost of capital is 8 percent. Multiple Choice 26.08 percent, reject 8.00 percent, accept 31.80 percent, accept 25.12 percent. relect

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