Please help!! 12. Compute the MIRR statistic for Project I if the appropriate cost of...
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12. Compute the MIRR statistic for Project I if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
| Project I |
|
|
|
|
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| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow: | $12,400 | $6,030 | $4,880 | $2,220 | $2,700 |
Should the project be accepted or rejected?
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