Question
Determine the modified internal rate of return (MIRR) for the given cash flows with a finance rate of 6% and a reinvestment rate of 8%.
Determine the modified internal rate of return (MIRR) for the given cash flows with a finance rate of 6% and a reinvestment rate of 8%.
Data- Year: 0, 1, 2, 3, 4, 5
- Cash Flows: -100000, 20000, 25000, 30000, 35000, 40000
- Modified Internal Rate of Return
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Cost Accounting A Managerial Emphasis
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
7th Canadian Edition
133138445, 978-0133926330, 133926338, 978-0133138443
