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

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

Project Q

Time: 0 1 2 3 4

Cash flow: $ 11,300 $ 3,500 $ 4,330 $ 1,670 $ 2,300

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