Question: Compute the PI statistic for Project Zif the appropriate cost of capital is 6 percent.(Do not round intermediate calculations and round your finalanswer to 2
Compute the PI statistic for Project Zif the appropriate cost of capital is 6 percent.(Do not round intermediate calculations and round your finalanswer to 2 decimal places.)
Time: 0
Cash Flow: -$2,400
Time: 1
Cash Flow: $630
Time: 2
Cash Flow: $760
Time: 3
Cash Flow: $930
Time: 4
Cash Flow: $580
Time: 5
Cash Flow: $ 380
PI _______________
Should the project be accepted or rejected?
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