What is the machine mirr

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Problem 1: Wilbur Wildcat is trying to decide if he should invest in a vending machine on campus. He calculated the following cash flow and cost of capital data. What is the machine's MIRR?

Cost of Capital = 10%
Year 0 Cash Flow: -$975
Year 1 Cash Flow: $325
Year 2 Cash Flow: $350
Year 3 Cash Flow: $375
Year 4 Cash Flow: $400

Reference no: EM132754421

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