Question: Compute the PI statistic for Project Q if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final

Compute the PI statistic for Project Q if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Project Q
Time 0 Year 1 Year 2 Year 3 Year 4
Cash Flows -$11,100 $3,400 $4,230 $1,570 $2,200

PI is ______.

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