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Compute the MIRR statistic for Project J if the appropriate cost of capital is 8$. Project J: Time Cash Flow 0 $-1,500 1 $500 2

Compute the MIRR statistic for Project J if the appropriate cost of capital is 8$.

Project J:

Time Cash Flow

0 $-1,500

1 $500

2 $1,730

3 $-570

4 $450

5 $-150

MIRR: ? %

Should the project be accepted or rejected?

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