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sunnisam sunnisam
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A year ago
A project has a series of non-normal cash flows that result in a terminal value (TV) of $76,000 in 11 years. If the project’s initial costs are $24,700 and the firm’s WACC is 10%, what is your recommendation regarding this project to management (accept/reject)?


accept as the MIRR is 10.76%



reject as the MIRR is greater than zero



accept as the terminal value is greater than the present value of the costs



accept as the MIRR is 15.39%

Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
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bhturnerbhturner
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A year ago
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