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Consider a 3-year project with an initial investment of $10,000 and a required return of 12%. The cash inflows for the project are $4,000 in
Consider a 3-year project with an initial investment of $10,000 and a required return of 12%. The cash inflows for the project are $4,000 in year 1, $5,000 in year 2, and $6,000 in year 3. Assuming reinvestment of project cash flows at a rate equal to the projects required return, the projects MIRR is closest to:
A.) 13.56%.
B.) 18.44%.
C.) 19.73%.
D.) 21.64%.
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