Question
Alyseka Salmon Inc. a large salmon canning firm has a new automated production line project it is considering. The project has a cost of $275,000
Alyseka Salmon Inc. a large salmon canning firm has a new automated production line project it is considering. The project has a cost of $275,000 and is expected to provide after tax cash flows of $73,306 for 8 years. The firms management is uncomfortable with the IRR reinvestment assumption and prefers the MIRR approach. If the firms current WACC is 12 percent, what is the projects MIRR? 15.0% 14.0% 12.0% 16.0% 17.0%
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Global Corporate Finance A Focused Approach
Authors: Kenneth Kim, Suk Kim
3rd Edition
9811207119, 9789811207112
