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Compute the MIRR statistic for Project J if the appropriate cost of capital is 10 percent. (Do not round intermediate calculations and round your finalanswer
Compute the MIRR statistic for Project J if the appropriate cost of capital is 10 percent. (Do not round intermediate calculations and round your finalanswer to 2 decimal places.)
| Project J | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $2,200 | $710 | $2,080 | $640 | $660 | $220 |
| MIRR | % |
| Should the project be accepted or rejected? | ||
|
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Precalculus
Authors: Jay Abramson
1st Edition
1938168348, 978-1938168345
