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Compute the PI statistic for Project Z If the appropriate cost of capital is 8 percent. (Do not found intermediate calculations and round your final

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Compute the PI statistic for Project Z If the appropriate cost of capital is 8 percent. (Do not found intermediate calculations and round your final answer to 2 decimal places.) Project Time: Cash flow: D -$2.200 1 5590 2 9720 3 sa90 5 S140 5549 PI Should the project be accepted or rejected? O accepted O rejected

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