Question: Compute the PI statistic for Project Zif the appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your finalanswer to

Compute the PI statistic for Project Zif the appropriate cost of capital is 8 percent.(Do not round intermediate calculations and round your finalanswer to 2 decimal places.)

Project ZTime: 0 1 2 3 4 5

Cash flow:-$1,900 $530 $660 $830 $480 $280

Should the project be accepted or rejected?

  • accepted
  • rejected

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