Question
Compute the PI statisticfor Project Q if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations. Round your final answer to
Compute the PI statisticfor Project Q if the appropriate cost of capital is 13 percent.(Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Project Q
Time:01234
Cash flow -$11,200 $3,450 $4,280 $1,620 $2,250
PI__________
Should the project be accepted or rejected?
Accepted
Rejected
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Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
