Question: Compute the PI statistic for Project X with the cash flows shown below if the appropriate cost of capital is 10 percent. Time 0 1
Compute the PI statistic for Project X with the cash flows shown below if the appropriate cost of capital is 10 percent.
Time 0 1 2 3 4
Cash Flow -$10,000 $3,500 $2,000 -$5,148 $6,000
A. 1.11
B. 0.42
C. 1.19
D. 1.25
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