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? | ||
|
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