Question
Problem 13-13 PI (LG13-6) Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent. (Do not round intermediate calculations.
Problem 13-13 PI (LG13-6)
| Compute the PI statistic for Project Z if 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 | $1,500 | $450 | $580 | $750 | $400 | $200 |
| PI |
| Should the project be accepted or rejected? | ||||
|
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Finance Capital Markets Financial Management And Investment Management
Authors: Frank J. Fabozzi, Pamela Peterson Drake
1st Edition
0470407352, 978-0470407356
