Question
Compute the PI statistic for Project Zif the appropriate cost of capital is 6% Project Z: Time Cash Flow 0 $-2,100 1 $570 2 $700
Compute the PI statistic for Project Zif the appropriate cost of capital is 6%
Project Z:
Time Cash Flow
0 $-2,100
1 $570
2 $700
3 $870
4 $520
5 $320
PI: ?
Should the project be accepted or rejected?
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
