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Johin, Inc. has two mutually exclusive projects.
Year Project C Project D
1 -$300.00 -$400.00
2 -$250.00 $100.00
3 -$220.00 $145.00
4 -$64.00 $135.00
5 $600.00 $130.00
6 $600.00 $125.00
7 $850.00 $125.00
8 -$100.00 $0.00
What is each project’s MIRR with a company required rate of return of 8%? Which project should be selected?
12 years ago
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johin.xls
