Question: PI) Compute the PI statistic for Project Q if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your
PI) Compute the PI statistic for 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 | -$11,700 | $3,700 | $4,530 | $1,870 | $2,500 |
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