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cannot use excel. how do i get the answer? BonUs: Project Y has an mitial cost of $8,620, and its expected net cast inflows aro

cannot use excel. how do i get the answer? image text in transcribed
BonUs: Project Y has an mitial cost of $8,620, and its expected net cast inflows aro $18,500 per year for 10 years. The firm has a WACC of 13 pereent, and Project Y's risk would be similar to that of the firm's existing assets. Calculate Project Y's modified intemal rate of retum (MiRR) Selected Answer: Answers: Ob, 162446 O. 14.42% b. 1624%. c 13.008 d. 7.644 e. 108.76% =18500(1.13)101/.13 =417498 2.10101.10)

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