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 1 2 3 4 Cash flow: $11,700 $3,700 $4,530 $1,870 $2,500 Should the project be accepted or rejected? multiple choice rejected accepted
PI=
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