Question
Problem 13-11 MIRR (LG13-4) Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. ( Do not round intermediate
Problem 13-11 MIRR (LG13-4)
| Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent.(Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Project I | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $11,900 | $5,780 | $4,630 | $1,970 | $2,450 |
| MIRR | % |
| Should the project be accepted or rejected? | ||||
|
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Property Finance
Authors: Giacomo Morri, Antonio Mazza
1st Edition
1118764404, 978-1118764404
