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Find the modified internal rate of return (MIRR) for a proposed project costing $14,290 (if you calculate an MIRR of 20.22%, please enter 20.22 -
Find the modified internal rate of return (MIRR) for a proposed project costing $14,290 (if you calculate an MIRR of 20.22%, please enter 20.22 - do not include the % symbol, and use at least two decimal places). Assume that the appropriate cost of capital for projects of this risk level, at this company is 8.19%, and the estimated cash flows for the life of the project are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 $6,521 $13,815 $11,720 $2,721 $9.778 $11,474 $20,516 $8,445
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