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Discount Rate Reinvest Rate CF 0 CF 1 CF 2 CF 3 CF 4 CF 5 10% 6% (5,000) 1,000 2,000 (4,000) 3,000 6,000 During

Discount Rate Reinvest Rate CF0 CF1 CF2 CF3 CF4 CF5
10% 6% (5,000) 1,000 2,000 (4,000) 3,000 6,000

During a Capital Budgeting process, a project's annual cash flows were estimated as above. This project's Modified Internal Rate of Return MIRR is ________%. [TWO-decimal places]

Instructions: You do not need to show work. Just calculate this and type your answer in the box below. Your number format should be in units of % to TWO-decimal places. For example, 65.12% or 65.12 would be acceptable, while 0.65 [a decimal] and 65% and 65.1% and 65.123% and 65.1234% and 65 and 65.1 and 65.123 and 65.1234 would be auto-graded incorrectly.

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