Compute the MIRR statistic for Project J if the appropriate cost of capital is 9 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project J Time: 0 1 2 3 4 5
Cash flow –$2,900 $920 $2,430 –$710 $870 –$290
MIRR -----?
Should the project be accepted or rejected? Accepted Rejected