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Please help calculate MIRR and if it is accepted or rejected? Suppose your firm is considering investing in a project with the cash flows shown
Please help calculate MIRR and if it is accepted or rejected?
Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 12 percent, and that the maximum allowable payback and discounted payback statistics for your company are 3 and 3.5 years, respectively. Use the MIRR decision rule to evaluate this project. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) MIRR Should it be accepted or rejected? Accepted RejectedStep by Step Solution
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