Question
Compute the PI static for your firm's new project if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round
Compute the PI static for your firm's new project if the appropriate cost of capital is 8 percent.(Do not round intermediate calculations and round your final answer to 2 decimal laces.)
Your firm's project
Time 0 1 2 3 4 5 6
Cash Flow -940 170 430 630 630 230 630
Should the project be accepted or rejected?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
