Question
A project has an initial cost of $38,900, expected net cash inflows of $12,000 per year for 7 years, and a cost of capital of
A project has an initial cost of $38,900, expected net cash inflows of $12,000 per year for 7 years, and a cost of capital of 13%. 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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Money Locates You
Authors: Joan Ekobena
1st Edition
1774821257, 978-1774821251
