Question
Bernsteins proposed project has an initial cost of $128,600 and cash flows of $64,500, $98,300, and $15,500 for Years 1 to 3 respectively. If all
Bernsteins proposed project has an initial cost of $128,600 and cash flows of $64,500, $98,300, and $15,500 for Years 1 to 3 respectively. If all negative cash flows are moved to Time 0 at a discount rate of 10 percent, what is the modified internal rate of return?
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The Handbook Of Mergers And Acquisitions
Authors: David Faulkner, Satu Teerikangas, Richard J. Joseph
1st Edition
0199601461, 978-0199601462
