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:

$12,300

$4,000

$4,830

$2,170

$2,800

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