Question: Please help!! 13. Compute the PI statistic for Project Q if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations and
Please help!!
13. Compute the PI statistic for Project Q if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
| Project Q |
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| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow: | $12,700 | $4,200 | $5,030 | $4,920 | $3,000 |
Should the project be accepted or rejected?
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