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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.) Project z Time: Cash flow: 0 -$1,400 1 $430 2 $560 3 $730 4 $380 5 $180 PL . Should the project be accepted or rejected? rejected accepted

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