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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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