Question: Spreadsheet Problem: MIRR Compute the MIRR statistic for Project I and indicate whether to accept or reject the project with the cash flows shown below

Spreadsheet Problem: MIRR Compute the MIRR statistic for Project I and indicate whether to accept or reject the project with the cash flows shown below if the appropriate cost of capital is 12 percent. (LG13-4)

Project I Time: 0 1 2 3 4 Cash flow -$11,000 $5,330

Project I Time: 0 1 2 3 4 Cash flow -$11,000 $5,330 $4,480 $1,520 $2,000

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