Question: 9-10 Using a required rate of return equal to 12 percent, compute the modified internal rate of return (MIRR) for a project that costs $82,000

 9-10 Using a required rate of return equal to 12 percent,

9-10 Using a required rate of return equal to 12 percent, compute the modified internal rate of return (MIRR) for a project that costs $82,000 and is expected to generate $35,000, $70,000, and -$10,450, respectively, during the next three years. Should the project be purchased

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