Compute the Pl 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.

28 3.3 points eBook 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. 0 1 2 3 4 5 Time: Cash flow: -250 75 100 75 50 Multiple Choice -0.0977 percent, reject 24.41 percent, accept -24.41 percent, reject -9.77 percent, reject 0