Question: Compute the MIRR statistic for Project J and advise whether to accept or reject the project if the appropriate cost of capital is 12%. Project

Compute the MIRR statistic for Project J and advise whether to accept or reject the project if the appropriate cost of capital is 12%. Project Time 0 1 2 3. 4. U Cash flows ($) -1,000 300 1480 -500 300 -100 O The project's MIRR is 14.77% and the project should be accepted. O The project's MIRR is 15.37% and the project should be accepted. O The project's MIRR is 9.29% and the project should be rejected. The project's MIRR is 13.76% and the project should be accepted
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