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Bball Town Inc. is evaluating a project with the following cash flows: Cash Flow Year 0 1 2 3 4 -$23,700 $8,600 $10,210 $9,220 $8,115
Bball Town Inc. is evaluating a project with the following cash flows: Cash Flow Year 0 1 2 3 4 -$23,700 $8,600 $10,210 $9,220 $8,115 -$4,770 5 The company uses an interest rate of 11% on all of its projects. Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations. Keep intermediate calculations to four decimal places. Round your final answer to two decimal places. i.e. 10.23%. Do not include the percent sign in your final answer.) Numeric Response
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
5th Edition
1260013987, 9781260013986
