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Unless the problem asks a different question or provides different data: (1) determine how many roots are possible and (2) graph the PW versus the
Unless the problem asks a different question or provides different data: (1) determine how many roots are possible and (2) graph the PW versus the interest rate to see whether multiple roots occur. If the root is a unique IRR, it is the project's rate of return. If there are multiple roots, then use an external investing rate of 12% and an external borrowing rate of 6%. Compute and use the MIRR as the project's rate of return.
Unless the problem asks a different question or provides different data: (1) determine how many roots are possible and (2) graph the PW versus the interest rate to see whether multiple roots occur. If the root is a unique IRR, it is the project's rate of return. If there are multiple roots, then use an external investing rate of 12% and an external borrowing rate of 6%. Compute and use the MIRR as the project's rate of return. Find the rate of return for the following cash flowStep by Step Solution
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