Arties Wrestling Stuff is considering building a new plant. This plant would require an initial cash outlay

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Artie’s Wrestling Stuff is considering building a new plant. This plant would require an initial cash outlay of $ 8 million and will generate annual free cash inflows of $ 2 million per year for 8 years. Calculate the project’s MIRR given:
a. A required rate of return of 10 percent
b. A required rate of return of 12 percent
c. A required rate of return of 14 percent
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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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