Question: 30. Compute the PI statistic for Project X and note Whether the firm should accept or reject the project with the cash ows shown below

30. Compute the PI statistic for Project X and note Whether the firm should accept or reject the project with the cash ows shown below if the appropriate cost of capital is 10 percent. Time: 0 l 2 3 4 5 Cash ow: -250 75 0 100 75 50 A. -.0977%, reject B. 9.77%, reject C. -24.41%, reject D. 24.41%, accept
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