Question
Compute the PI statistic for Project Zif the appropriate cost of capital is 6 percent. (Do not round intermediate calculations and round your finalanswer to
| Compute the PI statistic for Project Zif the appropriate cost of capital is 6 percent. (Do not round intermediate calculations and round your finalanswer to 2 decimal places.) |
| Project Z | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $1,200 | $390 | $520 | $690 | $340 | $140 |
| PI |
| Should the project be accepted or rejected? | ||
|
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College Algebra
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
12th edition
134697022, 9780134313795 , 978-0134697024
