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Compute the PI statistic for Project Q if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final
| Compute the PI statistic for Project Q if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Project Q | |||||
| Time | 0 | Year 1 | Year 2 | Year 3 | Year 4 |
| Cash Flows | -$11,100 | $3,400 | $4,230 | $1,570 | $2,200 |
PI is ______.
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The Fiscal Impact Handbook
Authors: David Listokin
1st Edition
1138535672, 978-1138535671
