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Compute the MIRR statistic for Project I if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations. Round your final answer
| Compute the MIRR statistic for Project I if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Project I | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $11,400 | $5,530 | $4,380 | $1,720 | $2,200 |
| MIRR | % |
| Should the project be accepted or rejected? |
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Fiduciary Finance Investment Funds And The Crisis In Financial Markets
Authors: Martin Gold
1st Edition
1848448953, 9781848448957
