Question
A project has an initial cost of $40,000, 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 $40,000, expected net cash inflows of $8,000 per year for 12 years, and a cost of capital of 12%. 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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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
