Question
Find the Modified Internal Rate of Return (MIRR) for the following series of future cash flows, given a discount rate of 9%: Year 0: $18,000;
Find the Modified Internal Rate of Return (MIRR) for the following series of future cash flows, given a discount rate of 9%: Year 0: $18,000; Year 1: $4,000; Year 2: $5,500; Year 3: $3,000; Year 4: $9,500; and, Year 5: $2,000.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
6th Edition
1473749247, 9781473749245
