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

Compute the MIRR statistic for Project I if the appropriate cost of capital is 11 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: $ 12,000 $ 5,830 $ 4,680 $ 2,020 $ 2,500

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