Question: Compute the MIRR statistic for Project if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations. Round your final answer to

Compute the MIRR statistic for Project if the appropriate cost of

Compute the MIRR statistic for Project if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project l Time Cash flow -$11,300 $5,480 $4,330 $1,670 $2,150 MIRR Should the project be accepted or rejected? Rejected Accepted

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