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Compute the Pl statistic for Project Q if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations and round your

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Compute the Pl 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: Cash flow: 0 -$11,200 $3,450 1 2 3 4 $4,280 $1,620 $2,250 PI 0.81 Should the project be accepted or rejected? accepted O rejected

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