Compute the MIRR statistic for Project J and advise whether to accept or reject the project with the cash flows shown as

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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 Time 0
1 2 3 4 5 Cash Flow –$ 1,000 $ 300 $ 1,480 –$ 500 $ 300 –$ 100
Multiple Choice
A)The project's MIRR is 9.29 percent and the project should be
rejected.
B)The project's MIRR is 13.76 percent and the project should be
accepted.
C)The project's MIRR is 14.77 percent and the project should be
accepted.
D)The project's MIRR is 15.31 percent and the project should be
accepted.