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Compute the MIRR statistic using the combination approach for Project X. The appropriate cost of capital is 11 percent. Time 0 1 2 3 4

Compute the MIRR statistic using the combination approach for Project X. The appropriate cost of capital is 11 percent.

Time 0 1 2 3 4 5
Cash Flow -$1,000 $300 $1,480 -$500 $300 -$100

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13.76%

6.46%

12.95%

14.57%

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