Question: Based on the cash flows shown below, compute the IRR and MIRR for Project Erie. Suppose that the appropriate cost of capital is 12 percent.
Based on the cash flows shown below, compute the IRR and MIRR for Project Erie. Suppose that the appropriate cost of capital is 12 percent. Advise the organization about whether they should accept or reject the project. Time (T); Cash Flow (CF)
(T) (CF)
0 - 12,000
1 - 2,360
2 - 4,390
3 - 1,520
4 - 980
5 - 1,250
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