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

Time:	0	1	2	3	4	5
Cash flow:	75	75	0	100	75	50

rev: 12_16_2020_QC_CS-244227

Multiple Choice

• 0.1896, reject

• 10.1896, accept

• 2, accept

• 1.1896, accept

• choices are given, which is the correct answer among the choices. Correct answer only please.