Compute the PI statistic for Project Q if the appropriate cost of capital is 13 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:	$12,400	$4,050	$4,880	$4,880	$2,850

Should the project be accepted or rejected?

multiple choice

• accepted

• rejected

Compute the Pl statistic for Project Q if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Time: Cash flow: $12,400 1 $4,050 2 $4,880 3 $4, BBC 4 $2,850 PI Should the project be accepted or rejected? accepted O rejected