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Sunland Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will cost $524,000 and will
Sunland Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will cost $524,000 and will generate cash flows of $183,000 over each of the next five years. If the cost of capital is 14 percent, what is the MIRR on this project? (Round final answer to 1 decimal place, e.g. 527.5.) MIRR %
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
