Question
A project has initial costs of $1,000 and subsequent cash inflows of $100, 200, 400 and 700. The companys 10% cost of capital is an
A project has initial costs of $1,000 and subsequent cash inflows of $100, 200, 400 and 700. The companys 10% cost of capital is an appropriate discount rate for this average risk project. Calculate the MIRR. Please show your work. Thank you.
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Investments
Authors: Zvi Bodie, Alan J. Marcus, Alex Kane
6th Edition
0072861789, 9780072861785
