Question
Find the Modified Internal Rate of Return (MIRR) for the following series of future cash flows, given a discount rate of 11%: Year 0: -$22,000;
Find the Modified Internal Rate of Return (MIRR) for the following series of future cash flows, given a discount rate of 11%: Year 0: -$22,000; Year 1: $5,000; Year 2: $6,000; Year 3: $7,000; Year 4: $7,500; and, Year 5: $8,000.
About 12.13%
About 13.12%
About 13.04%
About 12.88%
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Investment Science
Authors: David G. Luenberger
1st International Edition
0195391063, 9780195391060
