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: Cash flow: MIRR 0 1 2 3 4 -$ 12,200 $ 5,930 $ 4,780 $ 2,120 $ 2,600 (Click to select) % Should the project be accepted or rejected?

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 MIRR Should the project be accepted or rejected