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Your Company is considering Project called Delimited, whose costs and cash flows are shown below: (5 points) Delimited Year Cash Flow 0 -$2,000 1 200
Your Company is considering Project called Delimited, whose costs and cash flows are shown below: (5 points)
Delimited
Year Cash Flow
0 -$2,000
1 200
2 800
3 800
4 1,400
The project is risky; the firm's cost of capital is 10 percent. What is the modified internal rate of return (MIRR) and what is your recommendation to accept or reject the project. The required rate of return is 20%
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