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Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final

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Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) ts Project z Time : 0 Cash flow: -$1,400 1 $430 2 $560 3 $730 4 $380 5 $180 Answer is complete but not entirely correct. PI 1.20 Should the project be accepted or rejected? accepted rejected

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