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Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent. (Do not round intermediate calculations and round your final
Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Project Z | ||||||
Time: | 0 | 1 | 2 | 3 | 4 | 5 |
Cash flow: | $3,100 | $690 | $820 | $990 | $640 | $440 |
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