Question: Compute the PI statistic for Project Z if the appropriate cost of capital is6percent. Project Z Time:

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

Project Z

Time:                  0               1               2               3               4               5

Cash flow: −$ 3,200      $ 710        $ 840      $ 1,010       $ 660       $ 460

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