Question
Alpha Corp. is considering a project that has the following cash flow and cost of capital (r) data. If the project's MIRR is 16%, and
Alpha Corp. is considering a project that has the following cash flow and cost of capital (r) data. If the project's MIRR is 16%, and the cost of capital is 12%, what is $X is it is a cash inflow? r = 12% MIRR = MOD = 16%
Year 0 1 2 3 4
Cash flows -$1,000 $300 $400 +$X $600
a. $256.61
b. $287.40
c. $306.51
d. $300.00
e. Cannot be determined without additional information
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
