Question: Compute the PI statistic for Project Q and indicate whether you would accept or reject the project with the cash flows shown below if the
Compute the PI statistic for Project Q and indicate whether you would accept or reject the project with the cash flows shown below if the appropriate cost of capital is 12 percent.
Project Q
Time: 0 1 2 3 4
Cash flow -$11,000 $3,350 $4,180 $1,520 $2,000
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