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A project has the following cash flows : Year Cash Flows 0 -$12,300 1 5470 2 7900 3 5280 4 -$1520 Assuming the appropriate interest
A project has the following cash flows :
Year | Cash Flows | |
0 | -$12,300 | |
1 | 5470 | |
2 | 7900 | |
3 | 5280 | |
4 | -$1520 |
Assuming the appropriate interest rate is 9 percent, what is the MIRR for this project using the discounting approach?
- A. 20.37%
- B. 18.68%
- C. 13.90%
- D. 11.59%
- E. 16.01%
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