Question
Cost of Capital 8.15% Initial Investment $975.60 CF Year 1 $150.85 CF Year 2 $675.95 CF Year 3 $421.25 CF Year 4 $200.95 Given the
| Cost of Capital | 8.15% |
| Initial Investment | $975.60 |
| CF Year 1 | $150.85 |
| CF Year 2 | $675.95 |
| CF Year 3 | $421.25 |
| CF Year 4 | $200.95 |
Given the information above, the modified internal rate of return (MIRR) is closest to
A.
10.21%.
B.
13.83%.
C.
14.75%.
D.
16.37%.
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International Corporate Finance
Authors: Mark R. Eaker, Frank J. Fabozzi, Dwight Grant
1st Edition
0030693063, 9780030693069
