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13-11 MIRR Compute the MIRR statistic for Project I and indicate whether to accept or reject the project with the cash flows shown below if

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13-11 MIRR Compute the MIRR statistic for Project I and indicate whether to accept or reject the project with the cash flows shown below if the appropriate cost of capital is 12 percent. (LG13-49) Project 1 Time: 1 2 3 4 Cash flow -$11,000 $5,330 $4,180 $1,520 $2,000

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