Question
Calculate the Modified Internal Rate of Return of the cash flows depicted in the table below using a cost of capital of5.0percent. Submit your answer
Calculate the Modified Internal Rate of Return of the cash flows depicted in the table below using a cost of capital of5.0percent.
Submit your answer in decimal form.
yearCash Flow
0 -85
1 31.5
2 35.6
3 40.7
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
