For the net cash flow series, (a) Determine the number of possible i* values using the two

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For the net cash flow series,

(a) Determine the number of possible i* values using the two sign tests, 

(b) find the EROR using the MIRR method with an investment rate of 20% per year and a borrowing rate of 10% per year, and

(c) Use the MIRR function to find the EROR.

5 6 2 4 3 Year Net Cash Flow, $+4100 –2000 – 7000 +12,000 –700 +800

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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