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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
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 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.5 and 4.5 years, respectively. Time: Cash flow -$14,900 1 $2,700 2 $3,900 3 $3,100 $3,100 5 $2,900 $2,700 Use the MIRR decision rule to evaluate this project. (Do not round intermediate calculations and round your final answer to 2 decimal places.) MIRR Should it be accepted or rejected? rejected accepted
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