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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

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: $11,000 $5,330 $4,180 $1,520 $2,000

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