Question
A project has an initial cost of $35,000, expected net cash inflows of $8,000 per year for 12 years, and a cost of capital of
A project has an initial cost of $35,000, expected net cash inflows of $8,000 per year for 12 years, and a cost of capital of 14%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places. %
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
0470390158, 978-0470390153
