Compute the PI statistic for Project X and note whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 10 percent.

Time:	0	1	2	3	4	5
Cash flow:	-75	-75	0	110	85	60

rev: 05_08_2019_QC_CS-167988

Multiple Choice

• 34.77, accept

• 1.46, accept

• 10.00, reject

• 60.50, accept