(Answered) Compute the mirr statistic for project inbspif the

Management Studies

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

Time: 0 1 2 3 4

Cash flow:-$12,700 $6,180 $5,030 $2,370 $2,850

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