ces Problem 13-11 MIRR (LG13-4) Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project I Time: Cash flow: 0 -$11,600 1 $5,630 $4,480 2 3 $1,820 4 $2,300 MIRR % Should the project be accepted or rejected? rejected accepted