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

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 : Cash flow: 0 -$11,600 1 $5,630 2 $4,480 3 $1,820 4 $2,300 Answer is complete but not entirely correct. MIRR 5.24 X %

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