Compute the MIRR Statistic for Project I and Note Whether

Multiple Choice

Compute the MIRR statistic for Project I and note whether to accept or reject the project with the cash flows shown below if the appropriate cost of capital is 15 percent. Project I

A) The project's MIRR is 10.29% and the project should be rejected.
B) The project's MIRR is 12.67% and the project should be rejected.
C) The project's MIRR is 17.17% and the project should be accepted.
D) The project's MIRR is 18.19% and the project should be accepteD.Cash flows will be moved as shown below: