Question: Problem 13-14 PI (LG13-6) Compute the PI statistic for Project Q if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations.
Problem 13-14 PI (LG13-6)
| Compute the PI statistic for Project Q if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Project Q | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $13,000 | $4,350 | $5,180 | $5,070 | $3,150 |
| PI |
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