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 | $11,900 | $3,800 | $4,630 | $1,970 | $2,600 |
| PI |
| Should the project be accepted or rejected? | ||||
|
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