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Compute the Pl 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 Pl 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.) points Project Z Time: Cash flow: 0 -$1,100 1 $370 2 $500 3 $670 4 $320 5 $120 eBook PIC Hint Print References Should the project be accepted or rejected? rejected accepted

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