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

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

Project Q
Time: 0 1 2 3 4
Cash flow $12,200 $3,950 $4,780 $2,120 $2,750
PI

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