Compute the mirr statistic for project

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Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Time: 0

Cash Flow: -$12,800

Time: 1

Cash Flow: $6,230

Time: 2

Cash Flow: $5,080

Time: 3

Cash Flow: $2,420

Time: 4

Cash Flow: $2,900

MIRR ____________ %

Should the project be accepted or recjected?

Reference no: EM132531391

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