Question
Find the modified internal rate of return (MIRR) for the following series of future cash flow in the company is able to reinvest cash flows
Find the modified internal rate of return (MIRR) for the following series of future cash flow in the company is able to reinvest cash flows received from the project at an annual rate of 14.14 percent. The initial outlay is $379,400
Year 1: 156,500
Year 2: 136,400
Year 3: 154,700
Year 4: 182,700
Year 5: 159,100
Round the anser to two decimal places in percent form.
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A Study In Public Finance
Authors: A. C. Pigou
1st Edition
1443722766, 978-1443722766
