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Jamison Manufacturing Inc. is analyzing a project with the following projected cash flows: Year Cash Flow 0 1 2 3 4 -$1,324,800 300,000 450,000 546,000
Jamison Manufacturing Inc. is analyzing a project with the following projected cash flows: Year Cash Flow 0 1 2 3 4 -$1,324,800 300,000 450,000 546,000 360,000 This project exhibits Jamison's desired rat internal rate of retur 6.09% 6.47% O 7.61% O 8.37% No unconventional Yes conventional cash flows. Jamison's managers are generally conservative, and select projects based solely on the project's modified internal rate of return (MIRR). Should the company's managers accept this independent project? %. Given the cash flows expected from the company's new project, compute the project's anticipated modified Round all dollar amounts to the nearest whole dollar, and your final MIRR value to two decimal places.)
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