Question: Compute the PI statistic for Project Q if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final

Compute the PI statistic for Project Q if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project Q
Time: 0 1 2 3 4
Cash flow: -$11,600 $3,650 $4,480 $1,820 $2,450

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