Question: Compute the PI statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if

Compute the PI statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 11 percent.

Time:	0	1	2	3	4	5
Cash flow:	-83	-83	0	108	83	58

rev: 11_25_2016_QC_CS-70617

Multiple Choice

25.71, accept
9.27, reject
11.00, reject
1.11, accept

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