Question: Compute the PI statisticfor Project Q if the appropriate cost of capital is 11 percent.(Do not round intermediate calculations and round your final answer to

Compute the PI statisticfor Project Q if the appropriate cost of capital is 11 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 $12,000 $3,850 $4,680 $2,020 $2,650

PI

Should the project be accepted or rejected?
Rejected

Accepted

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