Question
A project has the following cash flows: 0 1 2 3 4 5 -$500 $198 -$X $196 $340 $419 This project requires two outflows at
A project has the following cash flows: 0 1 2 3 4 5 -$500 $198 -$X $196 $340 $419 This project requires two outflows at Years 0 and 2, but the remaining cash flows are positive. Its WACC is 14%, and its MIRR is 17.89%. What is the Year 2 cash outflow? Enter your answer as a positive value. Do not round intermediate calculations. Round your answer to the nearest cent.
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Fundamentals of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
