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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. 1 3 4 Time: Cash flow: 0 -82 2 0 5 67 -82 117 92 Multiple Choice 4817 accept 8.00, reject 1.59. accept 6762. accept

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