Question
10) Yellow Day has a project with the following cash flows: Year Cash Flows 0 -$26,900 1 10,500 2 19,900 3 9660 4 -$3550 What
10) Yellow Day has a project with the following cash flows:
| Year | Cash Flows | |
| 0 | -$26,900 |
|
| 1 | 10,500 |
|
| 2 | 19,900 |
|
| 3 | 9660 |
|
| 4 | -$3550 |
|
What is the MIRR for this project using the reinvestment approach? The interest rate is 10 percent 10) ______
A) 13.81% B) 18.84% C) 17.47% D) 14.98% E) 11.51%
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
