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Compute the MIRR for a project with a $7,200 investment and cash flows of $1,040 in year 1, $2,140 in year 2, $3,150 in year
Compute the MIRR for a project with a $7,200 investment and cash flows of $1,040 in year 1, $2,140 in year 2, $3,150 in year 3, and $4,120 in year 4. Assume the cost of capital is 10.1%.
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
