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Compute the Pl statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if

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Compute the Pl statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 11 percent. Time: Cash flow: 0 12 13 14 15 -78 -7810 103178 153 Multiple Choice 0 8.90, reject 0 1.11, accept 0 29.95, accept 0 11.00, reject

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