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Consider the following cash flow schedule: Year Cash Flow 0 $-105,000 1 65,100 2 114,500 3 97,600 4 -143,250 If the required return is
Consider the following cash flow schedule: Year Cash Flow 0 $-105,000 1 65,100 2 114,500 3 97,600 4 -143,250 If the required return is 12.4%, what is the modified IRR for this schedule using the discounting approach? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations)
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Behavioral Finance Psychology Decision-Making and Markets
Authors: Lucy Ackert
1st edition
324661177, 978-0538752862, 538752866, 978-1111781675, 1111781672, 978-1133455486, 978-0324661170
