Question: Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations. Round your final answer
Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Project I Time: 0 1 2 3 4
Cash flow $12,500 $6,080 $4,930 $2,270 $2,750
MIRR % Should the project be accepted or rejected?
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