Question
Compute the PI statistic for Project Q if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final
Compute the PI statistic for Project Q if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
| Project Q | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow: | $11,900 | $3,800 | $4,630 | $1,970 | $2,600 |
Should the project be accepted or rejected?
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A Handbook Of Mutual Fund Investing
Authors: Barry G Dolgin
1st Edition
1456489704, 978-1456489700
