Question
Computer Consultants Inc. wants to invest in a project that has a cost of $2,000.000 and cash flows of S800,000 over a 3 year period.
Computer Consultants Inc. wants to invest in a project that has a cost of $2,000.000 and cash flows of S800,000 over a 3 year period. The company's required rate of return is 10 percent. Calculate the project's Modified Internal Rate of Return (MIRR). 9.32% 9.66% 9.81% 12.78% Don't use excel to solve please
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
4th Edition
0072996862, 9780072996869
