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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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
