Question
A project has the following cash flows: 0 1 2 3 4 5 -$300 $152 -$X $218 $360 $446 This project requires two outflows at
A project has the following cash flows:
0 1 2 3 4 5
-$300 $152 -$X $218 $360 $446
This project requires two outflows at Years 0 and 2, but the remaining cash flows are positive. Its WACC is 11%, and its MIRR is 16.15%. What is the Year 2 cash outflow? Round your answer to the nearest cent. Do not round your intermediate calculations.
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
