Question
Daigles Bagels has a 8% WACC and is evaluating a project for this years capital budget. After-tax cash flows, including depreciation, are as follows: Year
Daigles Bagels has a 8% WACC and is evaluating a project for this years capital budget. After-tax cash flows, including depreciation, are as follows:
| Year | Cashflow |
| 0 | -$900 |
| 1 | $400 |
| 2 | $500 |
| 3 | $300 |
| 4 | $200 |
What is the project's expected MIRR? Answer as a percentage with 2 decimals (ex. 16.61).
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Calculus Early Transcendentals
Authors: James Stewart
8th edition
978-1285741550
