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 final

Compute the MIRR statistic for Project J if the appropriate cost of capital is 9 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project J Time: 0 1 2 3 4 5

Cash flow $2,900 $920 $2,430 $710 $870 $290

MIRR -----?

Should the project be accepted or rejected? Accepted Rejected

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