Question
Compute the modified internal rate of return for the following cash flows using a discount rate of 9%: Period 0: -1,586 Period 1: 692 Period
Compute the modified internal rate of return for the following cash flows using a discount rate of 9%:
Period 0: -1,586
Period 1: 692
Period 2: 761
Period 3: 697
Enter your answer in percent and round to the nearest 0.01%.
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
