Question
Compute the MIRR statistic for Project I and tell whether to accept or reject the project with the cash flows shown below if the appropriate
Compute the MIRR statistic for Project I and tell whether to accept or reject the project with the cash flows shown below if the appropriate cost of capital is 12 percent. (6 points)
Project I
| Time | 0 | 1 | 2 | 3 | 4 |
| Cash Flow | -$11,000 | $5,330 | -$4,180 | $1,520 | $2,000 |
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American Public School Finance
Authors: William Owings, Leslie Kaplan
2nd Edition
1111838046, 978-1111838041
