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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

What is MIRR?

MIRR =

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