Question
Compute the PI statisticfor Project Q if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer
Compute the PI statisticfor Project Q if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
| Project Q | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $12,800 | $4,250 | $5,080 | $4,970 | $3,050 |
| PI ______ |
| Should the project be accepted or rejected? | ||
|
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
