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Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent. (Do not round intermediate calculations and round your final
Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Project Z
Time: 0 1 2 3 4 5
Cash flow $3,200 $710 $840 $1,010 $660 $460
PI
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