TB MC Qu. 13-8 Use the PI decision rule to evaluate this project; should it be... Compute the PI static for your firm's new project if the appropriate cost of capital is 10 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Your firm's project Time 0 1 2 3 4 5 6 Cash Flow 1,000 200 500 650 700 200 600 Should the project be accepted or rejected? Multiple Choice

A. Rejected

B. Accepted