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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 | 1 | 2 | 3 | 4 |
| Cash flow: | $12,600 | $4,150 | $4,980 | $4,310 | $2,950 |
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1545269920, 978-1545269923
