Question
Find the modified internal rate of return (MIRR) for the following series of future cash flows. The company can reinvest the cash flows from the
Find the modified internal rate of return (MIRR) for the following series of future cash flows. The company can reinvest the cash flows from the project at an annual rate of 4.45%. The initial outlay is $670,560.
Year 1: $182,317
Year 2: $141,519
Year 3: $130,343
Year 4: $182,821
Year 5: $147,278
Round the answers to two decimal points.
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Principles Of Finance With Excel
Authors: Simon Benninga
2nd Edition
0199755477, 9780199755479
