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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
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: | $11,000 | $5,330 | $4,180 | $1,520 | $2,000 |
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