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A project has the following cash flows : Year Cash Flows 0 $11,400 1 4,930 2 7,090 3 4,560 4 1,700 Assuming the appropriate interest
A project has the following cash flows :
Year | Cash Flows | |
0 | $11,400 | |
1 | 4,930 | |
2 | 7,090 | |
3 | 4,560 | |
4 | 1,700 | |
Assuming the appropriate interest rate is 8 percent, what is the MIRR for this project using the discounting approach?
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