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Artie's Wrestling Stuff is considering building a new plant. This plant would require an initial cash outlay of $ 8 million and would generate annual
Artie's Wrestling Stuff is considering building a new plant. This plant would require an initial cash outlay of $ 8 million and would generate annual free cash inflows of $ 1 million per year for 8 years. Calculate the project's MIRR given: a. A required rate of return of 9 percent b. A required rate of return of 12 percent c. A required rate of return of 15 percent
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