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Management of Sycamore Home Furnishings is considering acquiring a new machine that can create customized window treatments. The equipment will cost $211,550 and will generate cash flows of $86,750 over each of the next six years. If the cost of capital is 14 percent, what is the MIRR on this project? (Round intermediate calculations to 4 decimal places, e.g. 1.2514. Round answer to 2 decimal places, e.g. 15.25%.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92858070

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