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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. Round your final answer
Compute the PI statistic for Project Z if the appropriate cost of capital is 7 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project Z
Time: 0 1 2 3 4 5
Cash flow $1,700 $490 $620 $790 $440 $240
PI
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