Question
Compute the MIRR statistic for Project J if the appropriate cost of capital is 10 percent. (Do not round intermediate calculations and round your final
Project J
Time: Cash flow
0 : -$2,200
1 : $710
2 : $2,080
3 : -$640
4 : $660
5 : -$220
Should the project be accepted or rejected?
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
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