Question
Compute the PI statistic for Project Q if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations and round your final
Compute the PI statistic for Project Q if the appropriate cost of capital is 13 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: | $11,800 | $3,750 | $4,580 | $1,920 | $2,550 |
Should the project be accepted or rejected?
-
rejected
-
accepted
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The New Public Finance
Authors: Inge Kaul, Pedro Condeicao
1st Edition
0195179978, 978-0195179972
