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4. Hook Industries is considering a project with a life of 3 years. The initial investment is $15,000 with annual cash inflows of $7,000. Assume
4. Hook Industries is considering a project with a life of 3 years. The initial investment is $15,000 with annual cash inflows of $7,000. Assume the Cost of Capital is 10%. Calculate the NPV , the IRR and the MIRR. ALL FORMULAS CAN BE FOUND IN CHAPTER 11 SLIDES a) NPV b) IRR__________________ c) MIRR_________________ d) ADOPT-REJECT DECISION_______________________________________________
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