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Problem 13-13 PI (LG13-6) Compute the PI statistic for Project Z if the appropriate cost of capital is 7 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 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
| Project Z | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow: | $1,700 | $490 | $620 | $790 | $440 | $240 |
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Personal Finance For Dummies
Authors: Eric Tyson
9th Edition
1119517893, 978-1119517894
