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please answer asap!! Prime Corp. is adding a new assembly line at a cost of $7.8 million. The firm expects the project to generate cash
please answer asap!!
Prime Corp. is adding a new assembly line at a cost of $7.8 million. The firm expects the project to generate cash flows of $2 milion. $3 million, $4 million, and $5 million over the next four years. Its cost of capital is 16 percent. What is the MIRR on this project? If the required rate of return is 17 percent, should the project be accepted? (Round to the nearest percent.) 1800 peroent, no 18.57 percent. yes 21.14 percent, yes 17.00 percent no Step by Step Solution
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