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Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent.(Do not round intermediate calculations and round your final answer
| Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent.(Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Project I | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $11,600 | $5,630 | $4,480 | $1,820 | $2,300 |
| MIRR | % |
| Should the project be accepted or rejected? | ||
|
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Short Term Financial Management
Authors: Terry S. Maness, John T. Zietlow
3rd Edition
0324202938, 978-0324202939
