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Compute the MIRR statistic for Project J if the appropriate cost of capital is 8 percent. ( Do not round intermediate calculations and round your
| Compute the MIRR statistic for Project J if the appropriate cost of capital is 8 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 | $2,700 | $860 | $2,330 | $690 | $810 | $270 |
| MIRR | % |
| Should the project be accepted or rejected? |
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Property Finance
Authors: Giacomo Morri, Antonio Mazza
1st Edition
1118764404, 978-1118764404
