Question: Compute the PI statisticfor Project Q if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations. Round your final answer to

Compute the PI statisticfor Project Q if the appropriate cost of capital is 13 percent.(Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Project Q

Time:01234

Cash flow -$11,200 $3,450 $4,280 $1,620 $2,250

PI__________

Should the project be accepted or rejected?

Accepted

Rejected

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