Question: Problem 13-6 Spreadsheet Problem: MIRR (LG13-4) Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. Note: Do

Problem 13-6 Spreadsheet Problem: MIRR (LG13-4) Compute the MIRR statistic for Project

Problem 13-6 Spreadsheet Problem: MIRR (LG13-4) Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Project I Time: 1 4 0 Cash flow: -$ 12,800 $ 6,230 2 $ 5,080 3 $ 2,420 $ 2,900 MIRR % Should the project be accepted or rejected? (Click to select)

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