Compute the MIRR statistic for Project Iif 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	$11,300	$5,480	$4,330	$1,670	$2,150

MIRR ______ %

Should the project be accepted or rejected?

_____ Accepted

_____ Rejected