Question: Problem 13-14 PI (LG13-6) Compute the PI statistic for Project Q if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations

 Problem 13-14 PI (LG13-6) Compute the PI statistic for Project Q

Problem 13-14 PI (LG13-6) Compute the PI statistic for Project Q if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Projecte Time: Cash flow: 1 $3,800 2 $4,630 -$11,900 3 $1,970 4 $2,600 PI Should the project be accepted or rejected? O accepted O rejected

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