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Hook Industries is considering a project with a life of 3 years. The initial investment is $15,000 with annual cash inflows of $7,000. Assume the
Hook Industries is considering a project with a life of 3 years. The initial investment is $15,000 with annual cash inflows of $7,000. Assume the Cost of Capital is 9%. Calculate the NPV, the IRR, and the MIRR.
(Please show as much work as possible)
a) NPV________________
b) IRR________________
c) MIRR_________________
d) ADOPT-REJECT DECISION_______________________________________________
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