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Compute the Pl statistic for Project Z if the appropriate cost of capital is 6 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 6 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Time: Cash flow: $2,500 1 $650 2 $780 $950 $600 5 $400 PI Should the project be accepted or rejected? O accepted O rejected

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