Question
A company is considering a project that has the following cash flow with a WACC of 10.00%. What is the project's MIRR? Note that a
A company is considering a project that has the following cash flow with a WACC of 10.00%. What is the project's MIRR? Note that a project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected.
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash flows | -$975 | $300 | $320 | $340 | $360 |
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Financial Markets and Institutions
Authors: Jeff Madura
12th edition
9781337515535, 1337099740, 1337515531, 978-1337099745
