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Computing IRR and MIRR for Project Erie

I have understood other concepts but i have trouble trying to understand these questions and the 2 problems in this chart

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I have understood other concepts but i have trouble trying to understand these questions and the 2 problems in this chart
I have understood other concepts but i have trouble trying to understand these questions and the 2 problems in this chart

Questions:
Not sure how to explain the net present value (NPV) method for determining a capital budgeting project's desirability. What is the acceptance benchmark when using NPV?
Net Present Value is defined as the sum total of the present value of all the future cash flows of a proposal. In other words, NPV is the excess of present value of inflows over present value of outflows. The cash flows are discounted at a pre-specified discount rate. Generally, this discount rate is equal to the minimum expected ...

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Solution helps in computing IRR, MIRR, NPV for project Erie

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