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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

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

Time: 0 1 2 3 4

Cash flow $12,700 $4,200 $5,030 $4,920 $3,000

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