Question
1. Given the following net cash flows, determine the internal rate of return (IRR) of the project: Time Net Cash Flow 0 -$2,000 1 500
1. Given the following net cash flows, determine the internal rate of return (IRR) of the project:
Time Net Cash Flow
0 -$2,000
1 500
2 1,500
3 2,000
2. Refer to the cash flows in #4. Determine the modified internal rate of return (MIRR) if the cost of capital is 10%.
-provide formula and all work please
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Personal Finance
Authors: Richard Stanton
2nd Edition
1519662106, 978-1519662101
