Question: Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final

Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

PROJECT I

Time 0 1 2 3 4
Cash Flow -11,000 5,330 4,180 1,520 2,000

What is MIRR?

MIRR =

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