Question
ACME is evaluating a project with the following cash flows: Year Cash Flow 0 -$68,000 1 8,400 2 19,900 3 43,800 4 13,500 5 -4,200
ACME is evaluating a project with the following cash flows:
| Year | Cash Flow |
| 0 | -$68,000 |
| 1 | 8,400 |
| 2 | 19,900 |
| 3 | 43,800 |
| 4 | 13,500 |
| 5 | -4,200 |
The company uses a 9 percent interest rate on all of its projects. What is the MIRR of the project using the reinvestment approach? The discounting approach? The combination approach?
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Financial Management Of Financial Institutions
Authors: George H Hempel
1st Edition
0133159604, 9780133159608
