Question: Compute the PI statistic for Project Z if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final
| Compute the PI statistic for Project Z if the appropriate cost of capital is 8 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 | $-1,000 | $350 | $480 | $650 | $300 | $100 |
| PI | % |
| Should the project be accepted or rejected? | ||||
|
rev: 05_22_2015_QC_CS-16219
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