Adding state safety inspections to its service offerings

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Reference no: EM131566603

West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will cost $551,000 and will generate cash flows of $193,000 over each of the next five years. If the cost of capital is 17 percent, what is the MIRR on this project? (Round answer to 1 decimal place, e.g. 52.7.) MIRR %

Reference no: EM131566603

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