Question
Compute the PI statistic for Project Zif the appropriate cost of capital is 6 percent.(Do not round intermediate calculations. Round your final answer to 2
| Compute the PI statistic for Project Zif the appropriate cost of capital is 6 percent.(Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Project Z | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $2,500 | $650 | $780 | $950 | $600 | $400 |
| PI |
| Should the project be accepted or rejected? | ||
|
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
