Question
A manufacturing company, Duman Inc., is considering a project with the following cash flows: Year Cash flow 0 -$100,000 1 - 40,000 2 +90,000 3
A manufacturing company, Duman Inc., is considering a project with the following cash flows:
| Year | Cash flow |
| 0 | -$100,000 |
| 1 | - 40,000 |
| 2 | +90,000 |
| 3 | +90,000 |
| 4 | -10,000 |
The project's cost of capital is estimated to be 10 percent. What is the modified internal rate of return (MIRR)?
| 11.87% | ||
| 8.43% | ||
| 12.37% | ||
| 9.77% |
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Introduction To Health Care Management
Authors: Sharon B. Buchbinder, Nancy H. Shanks
3rd Edition
128408101X, 9781284081015
