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12. Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your
12. Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
| Project I | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow: | $11,600 | $5,630 | $4,480 | $1,820 | $2,300 |
MIRR:___%??
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Challenging Global Finance
Authors: Elizabeth Friesen
2012th Edition
0230348793, 978-0230348790
