Question
A project has an upfront cost of $10,000 and a maintenance cost of $7,500 in year 4. The operating cash flows from the project (not
A project has an upfront cost of $10,000 and a maintenance cost of $7,500 in year 4. The operating cash flows from the project (not including the maintenance cost in year 4) are:
| Yr 1 | $3,500 |
| Yr 2 | $5,500 |
| Yr 3 | $6,000 |
| Yr 4 | $4,500 |
| Yr 5 | $4,000 |
| Yr 6 | $4,000 |
Determine the MIRR if the discount rate is 8%. 15.18%
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The Structured Credit Handbook
Authors: Arvind Rajan, Glen McDermott, Ratul Roy
1st Edition
0471747491, 978-0471747499
