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 $12,800 $4,250 $5,080 $4,970 $3,050 PI
Should the project be accepted or rejected?
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