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

Compute the PI statistic for Project Q if the appropriate cost of capital is 12 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 $12,500 $4,100 $4,930 $4,930 $2,900

PI

Should the project be accepted or rejected?
Accepted
Rejected

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