Question: Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent. ( Do not round intermediate calculations and round your
Compute the MIRR statistic for Project I if the appropriate cost of capital is 12 percent.(Do not round intermediate calculations and round your final answer to 2 decimal places.)
| Project I | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $12,500 | $6,080 | $4,930 | $2,270 | $2,750 |
| MIRR | % |
| Should the project be accepted or rejected? | ||||
|
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