Should the project be accepted or


Compute the MIRR statistic for Project I if 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: 0 1 2 3 4

Cash flow –$11,100 $5,380 $4,230 $1,570 $2,050

MIRR %

Should the project be accepted or rejected?

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Financial Management: Should the project be accepted or
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