Question $19$

$2\mathrm{.}5pts$

JVP corporation is considering investing in a project with the cash flows shown below. Compute the PI for the project and recommend whether the firm should accept or reject it$.$ The required cost of capital is $10$ percent.

$\backslash$table$[[$Time$,0,1,2,3],[$Cash Flow,$-300,110,121,220]]$

$1\mathrm{.}22,$ Accept

$0\mathrm{.}94,$ Reject

$1\mathrm{.}24,$ Accept

$0\mathrm{.}83,$ Reject