Question
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
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 |
Should the project be accepted or rejected?
-
accepted
-
rejected
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Essential Finance Guide
Authors: DK Publishing
1st Edition
078948157X, 978-0789481573
