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A project has the following cash flows : Year Cash Flows 0 $ 11,500 1 4,990 2 7,180 3 4,640 4 1,680 Assuming the appropriate
A project has the following cash flows :
Year | Cash Flows |
---|---|
0 | $ 11,500 |
1 | 4,990 |
2 | 7,180 |
3 | 4,640 |
4 | 1,680 |
Assuming the appropriate interest rate is 9 percent, what is the MIRR for this project using the discounting approach?
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