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:	-80	-80	0	115	90	65

a) 55.42%, accept

b) 10.00%, reject

c) 35.51%, accept

d) 44.39%, accept