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

Compute the PI statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 10 percent. 2 Time: Cash flow: 0 -250 1 750 3 100 4 75 5 50 Multiple Choice o o -0.0977 percent, reject 24.41 percent, accept o -9.77 percent, reject o -24.41 percent, reject
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