Compute the PI statistic for Project Zif the appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your...
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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:-$2,300 $610 $740 $910 $56 0$360

 

What is the PI? 


 

Should the project be accepted or rejected?

 

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