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Compute the MIRR statistic for Project J if the appropriate cost of capital is 9 percent. ( Do not round intermediate calculations and round your
| Compute the MIRR statistic for Project J if the appropriate cost of capital is 9 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Project J | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $1,700 | $560 | $1,830 | $590 | $510 | $170 |
| MIRR | % |
| Should the project be accepted or rejected? |
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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
