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A project has a cash outflow at time 0 of $700, a cash inflow of $650 in year 1, a cash inflow of $150 in
A project has a cash outflow at time 0 of $700, a cash inflow of $650 in year 1, a cash inflow of $150 in year 2, and a cash outflow of $140 in year 3. The required return is 15 percent. What is the modified internal rate of return using the reinvestment approach?
I plugged this into Excel and I'm not getting the correct answer.
MIRR(all the cash flows,.15,.15) Not getting the correct answer please help (all the cash flows -700, 650, 150, -140 |
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