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Buzz Lightyear has been offered an investment in which he expects to receive payments of $4,000 at the end of each of the next 10
Buzz Lightyear has been offered an investment in which he expects to receive payments of $4,000 at the end of each of the next 10 years in return for an initial investment of $10,000 now. a. What is the IRR of the proposed investment? b. What is the MIRR of the proposed investment? Assume a cost capital of 10%. c. Why is the MIRR thought of as a more realistic indication of a project's potential than the IRR
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