Question
Compute the MIRR statistic for Project I if the appropriate cost of capital is 11 percent. Note: Do not round intermediate calculations and round your
Compute the MIRR statistic for Project I if the appropriate cost of capital is 11 percent.
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Project I
| Time: | 0 | 1 | 2 | 3 | 4 |
|---|---|---|---|---|---|
| Cash flow: | $ 12,000 | $ 5,830 | $ 4,680 | $ 2,020 | $ 2,500 |
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
3rd Edition
0471375942, 978-0471375944
