You are evaluating a project that involves an initial outlay of $70,000 to commit to the project. If you take the project, then you will have inflows of $60,000 in Yr I, $85,000 in Yr 2, -$12,000 in Yr 3, and -$50,000 in Yr 4. 

What is the Modified Internal Rate of Return on the project if the cost of capital is 10%?

Answer rating: 100% (QA)

To calculate the Modified Internal Rate of Return MIRR of the project you can follow these steps Cal... View the full answer