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A firm is considering an investment project with the following cash flows: Year 0 = -$150,000 (initial costs); Year 1 = $40,000; Year 2 =
A firm is considering an investment project with the following cash flows: Year 0 = -$150,000 (initial costs); Year 1 = $40,000; Year 2 = $90,000; and Year 3 = $30,000; and Year 4 = $60,000. The company has a 10% cost of capital, calculate the MIRR for the project.
a) 10%
b) 14.2%
c) 17.2%
d) 19.7%
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