Question: 3. Practice Problem 9-3 eBook Using a required rate of return equal to 13 percent, compute the modified Internal rate of return (MIRR) for a

3. Practice Problem 9-3 eBook Using a required rate of return

3. Practice Problem 9-3 eBook Using a required rate of return equal to 13 percent, compute the modified Internal rate of return (MIRR) for a project that costs $68,000 and is expected to generate $33,000, $66,000, and -$12,400, respectively, during the next three years. Should the project be purchased? Do not round Intermediate calculations. Round your answer to two decimal places. The project - Select be purchased because the MIRR, that is %, is Select V the required rate of retum

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