Compute the pi statistic for project x and note whether the


Compute the PI 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 10 percent. Time: 0 1 2 3 4 5 Cash flow: -80 -80 0 115 90 65 35.51%, accept 55.42%, accept 44.39%, accept 10.00%, reject

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Financial Management: Compute the pi statistic for project x and note whether the
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