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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