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Seved Hely Problem 13-11 MIRR (LG13-4) Compute the MIRR statistic for Project lif the appropriate cost of capital is 11 percent. (Do not round intermediate

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Seved Hely Problem 13-11 MIRR (LG13-4) Compute the MIRR statistic for Project lif 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: Cash flow 0 -$12,900 1 $6,280 2 $5,130 3 $2,470 4 $2,950 MIRR % Should the project be accepted or rejected? O rejected O accepted

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