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Problem 13-12 MIRR (LG13-4) Compute the MIRR statistic for Project J if the appropriate cost of capital is 8 percent. ( Do not round intermediate
Problem 13-12 MIRR (LG13-4)
| Compute the MIRR statistic for Project J if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Project J | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $3,000 | $950 | $2,480 | $720 | $900 | $300 |
| MIRR | % |
| Should the project be accepted or rejected? | ||||
|
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The Evolution Of Finance
Authors: Barbara Guth
1st Edition
1633377261, 978-1633377264
