Question
A project has the following cash flows: Year Cash Flow 0 -21,450 1 9,380 2 12,270 3 -4,800 4 4,780 The discounting rate is 11%
A project has the following cash flows:
| Year | Cash Flow |
|---|---|
| 0 | -21,450 |
| 1 | 9,380 |
| 2 | 12,270 |
| 3 | -4,800 |
| 4 | 4,780 |
The discounting rate is 11% and the reinvestment rate is 15%. What is the MIRR for this project using the combination approach?
Please demonstrate ALL steps, preferably to reproduce on a financial calculator, thank you!
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Mastering Attribution In Finance
Authors: Andrew Colin
1st Edition
1292114029, 978-1292114026
