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need help with this question Question 7 (2 points) Your company has an opportunity to invest in a project that is expected to result in
need help with this question
Question 7 (2 points) Your company has an opportunity to invest in a project that is expected to result in after-tax cash flows of $7,000 the first year, $9,000 the second year, $12,000 the third year, -$8,000 the fourth year, $19,000 the fifth year, $25,000 the sixth year, $28,000 the seventh year, and - $6,000 the eighth year. The project would cost the firm $47,300. If the firm's cost of capital is 10%, what is the modified internal rate of return? 11.76% 09.93% 11.09% 09.54% O 12.38% Step by Step Solution
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