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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: | $11,100 | $3,400 | $4,230 | $1,570 | $2,200 |
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