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Canvas (4) Refer to the Capital Budgeting Narrative. What is the MIRR of the project? Capital Budgeting Narrative: Doga Bank is considering a new project.
Canvas (4) Refer to the Capital Budgeting Narrative. What is the MIRR of the project? Capital Budgeting Narrative: Doga Bank is considering a new project. The initial investment required is $46,000 and the cost of capital is 9%. Expected cash flows over the next four years are given below. Years Cash Flow ($) 2 3 4 6,000 30,000 14,000 70,000 27,0% 9.0% :C 32.5% 29.3% 28,1%
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