Question
A firm with a 9.5 percent cost of capital is considering a project for this years capital budget. The projects expected after-tax cash flows are
A firm with a 9.5 percent cost of capital is considering a project for this years capital budget. The projects expected after-tax cash flows are as follows: Year: 0 1 2 3 4 Cash flow: -$12,000 $4,700 $5,200 $5,300 $4,000 Calculate the projects modified internal rate of return (MIRR).
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
