question archive Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent
Subject:FinancePrice:2.86 Bought3
Compute the PI statistic for Project Z if the appropriate cost of capital is 6 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: | –$2,500 | $650 | $780 | $950 | $600 | $400 |
Purchased 3 times