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Problem 13-12 MIRR (LG13-4) Compute the MIRR statistic for Project J if the appropriate cost of capital is 10 percent. (Do not round intermediate calculations

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Problem 13-12 MIRR (LG13-4) Compute the MIRR statistic for Project J if the appropriate cost of capital is 10 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project 3 Time: Cash flow: 5 1 $890 -$2,see 2 $2,389 3 -5700 4 $840 -$280 MIRR % Should the project be accepted or rejected? accepted rejected

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