Question: Compute the MIRR statistic for Project J if the appropriate cost of capital is 9 percent. (Do not round intermediate calculations and round your finalanswer

Compute the MIRR statistic for Project J if the appropriate cost of capital is 9 percent.(Do not round intermediate calculations and round your finalanswer to 2 decimal places.)

Project J Time:0 1 2 3 4 5

Cash flow -$1,100 $380 $1,530 -$530 $330 -$110

What is the MIRR?

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