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: | $ 11,400 | $ 5,530 | $ 4,380 | $ 1,720 | $ 2,200 |
Should the project be accepted or rejected?
(Click to select) Rejected Accepted
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick
3rd Edition
0470497521, 9780470497524
