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6. Compute the PI statistic for Project Z if the appropriate cost of capital is...

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Accounting

6. Compute the PI 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 Z Time: 0 1 2 3 4 5 Cash flow $-3,100 $690 $820 $990 $640 $440

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