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Compute the MIRR statistic for Project I if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final

Compute the MIRR statistic for Project I if the appropriate cost of capital is 11 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:	$11,400	$5,530	$4,380	$1,720	$2,200

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