Compute the MIRR statistic for Project J if the appropriate cost of capital

Compute the MIRR statistic for Project J if the appropriate cost of capital is 10 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 –$2,200 $710 $2,080 –$640 $660 –$220

MIRR %

Should the project be accepted or rejected?

Rejected
Accepted

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