Question
Acheson Aluminum is considering a project with the following cash flows. Cash flows in parentheses denote negative cash flows. Year Cash Flow 0 ($200,000) 1
Acheson Aluminum is considering a project with the following cash flows. Cash flows in parentheses denote negative cash flows.
Year Cash Flow
0 ($200,000)
1 125,000
2 140,000
3 (50,000)
4 100,000
Acheson's K is 10 percent. What is the project's modified internal rate of return (MIRR)?
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Investments
Authors: Zvi Bodie
12th Edition
1260819426, 9781260819427
