Question: Compute the MIRR statistic for Project I if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations and round your final

Compute the MIRR statistic for Project I if the appropriate cost

Compute the MIRR statistic for Project I if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project I Time: Cash flow: -$11,200 1 $5,430 2 $4,280 3 $1,620 4 $2,100 MIRR % Should the project be accepted or rejected? rejected O accepted

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