Compute the irr and the mirr

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Based on the cash flows in the chart below, compute the IRR and the MIRR for project Erie. Suppose the appropriate cost of capital is 12%.

Time 0 1 2 3 4 5

Cash Flow 12,000 2,360 4,390 1,520 980 1,250

Advise the organization if they should accept or reject the project

Reference no: EM132351086

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