The equipment necessary to perform these inspections will


West Street Automotive is considering adding state safety inspections to its service offerings.

The equipment necessary to perform these inspections will cost $574,000 and will generate cash flows of $201,000 over each of the next five years.

If the cost of capital is 15 percent, what is the MIRR on this project?

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Financial Management: The equipment necessary to perform these inspections will
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