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Management of Pharoah Home Fumishings is considenng acquiring a new machine that can create customized window treatments. The equipment will cost $287,550 and will generate

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Management of Pharoah Home Fumishings is considenng acquiring a new machine that can create customized window treatments. The equipment will cost $287,550 and will generate cash flows of $94,750 over each of the next six years. If the cost of capital is 1 percent what is the MIRR on uus project? Round interrredi te calculations to 3 decimals dnd firlal dnswers to 1 decinal places, e g. 15.5%. Do not round factor values. MIRR places, ed.ment wil

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