Question
A project has the following cash flows : Year Cash Flows 0 $12,800 1 5,770 2 8,350 3 5,680 4 1,420 Assuming the appropriate interest
A project has the following cash flows :
| Year | Cash Flows |
|---|---|
| 0 | $12,800 |
| 1 | 5,770 |
| 2 | 8,350 |
| 3 | 5,680 |
| 4 | 1,420 |
Assuming the appropriate interest rate is 10 percent, what is the MIRR for this project using the discounting approach?
Multiple Choice
-
17.63%
-
15.29%
-
20.57%
-
12.74%
-
22.14%
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Managing The Audit Function A Corporate Audit Department Procedures Guide
Authors: Michael P. Cangemi
2nd Edition
0471012556, 978-0471012559
