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Document2 . Word O Search rences Mailings Review View Help Grammarly Gross Corp. is evaluating a project with the following cash flows: Year Cash Flow

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Document2 . Word O Search rences Mailings Review View Help Grammarly Gross Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 -$16,000 6.100 2 7,800 3 8,400 4 6,500 5,100 1 Requirement 1: The company uses an interest rate of 12 percent on all of its projects. In the table below, show the modified cash flows and calculate the modified internal rate of return (MIRR) using the combination" approach. (Do not round intermediate calculations. Negative amounts should be indicated with a minus sign. Round your answers to 2 decimal places (e.g., 32.16).) Requirement 1: The company uses an interest rate of 12 percent on all of its projects. In the table below, show the modified cash flows and calculate the modified internal rate of return (MIRR) using the "combination approach. (Do not round intermediate calculations. Negative amounts should be indicated with a minus sign. Round your answers to 2 decimal places (e.g. 32.16).) Year Combination Approach 0 AL 1 $ 2 3 4 5 Sharon This PC Libraries Network

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