Compute the MIRR Statistic for Project J and Advise Whether

Multiple Choice

Compute the MIRR statistic for Project J and advise whether to accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 10 percent.
Project J

A) The project's MIRR is 14.77 percent and the project should be accepted.
B) The project's MIRR is 9.29 percent and the project should be rejected.
C) The project's MIRR is 13.76 percent and the project should be accepted.
D) The project's MIRR is 15.31 percent and the project should be accepteD.Using a financial calculator: PV = -1437.75; FV = 2739.11; N = 5; PMT = 0; I = MIRR = 13.76 percent; Accept since MIRR> Cost of capital.