A project has an initial cost of $41,025, expected net cash inflows of $9,000 per year for
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A project has an initial cost of $41,025, expected net cash inflows of $9,000 per year for 7 years, and a cost of capital of13%. What is the project's MIRR? Do not round intermediatecalculations. Round your answer to two decimal places.
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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