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A company makes animal products for Pets supermarket chains. They have forecasted the cash flows (in $1000 units) for this and the next 4 years.

A company makes animal products for Pets supermarket chains. They have forecasted the cash flows (in $1000 units) for this and the next 4 years. Develop hand solution that determine the EROR by the MIRR method with ir = 14% and ib = 8% per year. Hint: Find EROR at which PW0 is equivalent to FW4 Year Cash Flow, $ 0 3,000 1 -2,000 2 1,000 3 -6,000 4 3,800

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