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Compute the MIRR for Project Y and accept or reject the project with the cash flows shown as follows if the appropriate cost of capital
Compute the MIRR for Project Y and accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 12 percent.
Time: 0 1 2 3 4 5
Cash flow: 5,000 1,000 1,000 0 2000 2000
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
978-1259066511
