# Problem 13-11 MIRR (LG13-4)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:01234Cash flow:−\$11,100\$5,380\$4,230\$1,570\$2,050      Should the project be accepted or rejected?  acceptedrejected

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Asked Dec 5, 2019
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## Problem 13-11 MIRR (LG13-4)

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

Should the project be accepted or rejected?

• accepted
• rejected

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Step 1

Hence, Total amount of Future value of the cash inflows of year 1, year 2, year 3 and year 4 is ...

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