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: Cash flow: MIRR 0 -$11,200 rejected O accepted 1 $5,430 % 2 $4,280 Should the project be accepted or rejected? 3 $1,620 $2,100

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: Cash flow: MIRR 0 -$11,200 rejected O accepted 1 $5,430 % 2 $4,280 Should the project be accepted or rejected? 3 $1,620 $2,100