Question
A project has the following cash flows: Year Cash Flow 0 -29,000 1 14,020 2 -2,760 3 9,350 4 10,830 The discounting rate is 6%
A project has the following cash flows:
| Year | Cash Flow |
|---|---|
| 0 | -29,000 |
| 1 | 14,020 |
| 2 | -2,760 |
| 3 | 9,350 |
| 4 | 10,830 |
The discounting rate is 6% and the reinvestment rate is 9%. What is the MIRR for this project using the combination approach?
MIRR = %
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Foundations Of Financial Markets And Institutions
Authors: Franco Modigliani, Frank J. Jones, Michael G. Ferri, Frank J. Fabozzi
3rd Edition
0130180793, 978-0130180797
