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Compute the MIRR statistic for Project I if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations. Round your final answer
| Compute the MIRR statistic for Project I if the appropriate cost of capital is 13 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
| Project I | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $12,700 | $6,180 | $5,030 | $2,370 | $2,850 |
| MIRR | % |
| Should the project be accepted or rejected? | ||||
|
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi
4th Edition
0130402664, 9780130402660
