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A project has an initial outlay of $250 and has the following cash flows over the next three years. Year Amount 1 +$170 2 +$150
A project has an initial outlay of $250 and has the following cash flows over the next three years.
Year Amount
1 +$170
2 +$150
3 -$20
Given a capital market interest rate of 10%, what is its modified IRR (MIRR)? You can assume a low discount rate of 4% and a high discount rate of 20% in your calculations.
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