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

Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Project I Time: 0 1 2 3 4 Cash flow: $ 11,600 $ 5,630 $ 4,480 $ 1,820 $ 2,300 Should the project be accepted or rejected?

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