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Compute the Pl static for your firm's new project if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round

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Compute the Pl static for your firm's new project if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final answer to 2 decimal laces.) Your firm's project Time 0 1 2 4 6 Cash Flow -640 60 580 780 780 380 780 Should the project be accepted or rejected? Multiple Choice Accepted Rejected

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