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Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent. Project Z Time: 0 1 2 3 4 5
Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent.
Project Z
Time: | 0 | 1 | 2 | 3 | 4 | 5 |
---|---|---|---|---|---|---|
Cash flow: | $ 2,400 | $ 630 | $ 760 | $ 930 | $ 580 | $ 380 |
Should the project be accepted or rejected?
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