question archive Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent

Compute the PI statistic for Project Z if the appropriate cost of capital is 6 percent

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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

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