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The projected cash flows from a project costing $180,000 today are as follows: years 1-3 $0 years 4-9 $40,000 per year year 10 $70,000 per

The projected cash flows from a project costing $180,000 today are as follows:

years 1-3 $0

years 4-9 $40,000 per year

year 10 $70,000 per year

If the required rate of return is 9 percent,

  1. Find the MIRR.
  2. Given your answer a, should you accept/reject the project?

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