i*= rate of return.

Mixed Investments, RIC and MIRR 7.16 Consider the investment projects given in 12% in the following Table P7.16. Assume that MARR = questions. (a) Compute i* for each investment. If the problem has more than one i*, identify all of them. (b) Compute IRR(true) for each project. (c) Compute the MIRR at MARR = 12%. (d) Determine the acceptability of each investment. TABLE P7.16 Net Cash Flow n Project 1 Project 2 Project 3 0 -$1,000 -$1,000 -$1,000 1 2,500 1,960 1,400 2 --840 950 -200