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Based on the cash flows shown in the chart below compute

Question: Based on the cash flows shown in the chart below, compute the IRR and MIRR for Project Erie. Suppose that the appropriate cost of capital is 12 percent. Advise the organization about whether it should accept or reject the project.

Project Erie
Time 0 1 2 3 4 5

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

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Financial Management: Based on the cash flows shown in the chart below compute

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Financial Management: Based on the cash flows shown in the chart below compute

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