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Compute the MIRR statistic for Project I if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations. Round your final answer
| Compute the MIRR statistic for Project I if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Project I | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $11,800 | $5,730 | $4,580 | $1,920 | $2,400 |
| MIRR | % |
| Should the project be accepted or rejected? | ||||
|
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How To Get Money For College Financing Your Future Beyond Federal Aid
Authors: Mark D. Snider
1st Edition
0768928869, 978-0768928860
