Question
A project has an initial cost of $45,000, expected net cash inflows of $15,000 per year for 9 years, and a cost of capital of
A project has an initial cost of $45,000, expected net cash inflows of $15,000 per year for 9 years, and a cost of capital of 10%. 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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Derivatives And Internal Models
Authors: Hans Peter Deutsch, Mark W. Beinker
5th Edition
3030229017, 9783030229016
