Question: 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
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 $-3,400 $750 $880 $1,050 $700 $500
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