Question: please help asap Crane Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will cost $551,000
please help asap
Crane Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will cost $551,000 and will generate cash flows of $193,000 over each of the next five years. If the cost of capital is 14 percent, what is the MIRR on this project? (Round final answer to 1 decimal place, eg. 527.5.) MIRR
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