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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

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: 0 1 2 3 4
Cash flow $11,600 $5,630 $4,480 $1,820 $2,300
MIRR %
Should the project be accepted or rejected?
Rejected

Accepted

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