Question
1. Consider the following two mutually exclusive projects. Time Project A Project B 0 -$300 -$405 1 -$387 $134 2 -$193 $134 3 -$100 $134
1. Consider the following two mutually exclusive projects. Time Project A Project B 0 -$300 -$405 1 -$387 $134 2 -$193 $134 3 -$100 $134 4 $600 $134 5 $600 $134 6 $850 $134 7 -$180 $0 What is each projects MIRR with a cost of capital of 12%? Which project should be selected? Please, I need an answer that shows how to compute without using Excel.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
8th Edition
0324258917, 9780324258912
