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Evaluate the following project using the appropriate functions in Excel: 1. Find the NPV and IRR of a project with the following cash flows and
Evaluate the following project using the appropriate functions in Excel: 1. Find the NPV and IRR of a project with the following cash flows and a 12% cost of capital. Also calculate the MIRR assuming a reinvestment rate of 8% (recall that the modified IRR assumes reinvestment is at the cost of capital or another rate rather than the IRR). Use IF statements to add an accept/reject decision for each. t Cash flow 0 $ (40,000) 1 10,000 2 10,000 3 11,000 4 17,000 5 12,000
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