Adding state safety inspections to its service offerings

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Reference no: EM131566704

West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perform these inspections will cost $524,000 and will generate cash flows of $183,000 over each of the next five years. If the cost of capital is 13 percent, what is the MIRR on this project?

Reference no: EM131566704

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