Question: Compute the MIRR statistic for Project I if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final

Compute the MIRR statistic for Project I if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project I Time: 0 1 2 3 4 $2,350 Cash flow: -$11,700 $5,680 $4,530 $1,870 MIRR % Should the project be accepted or rejected? O rejected O accepted

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