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Firm ABC is considering a project which will have initial cash flow (expense/cost) of -8000. The project is expected to return cash flows of 2000
Firm ABC is considering a project which will have initial cash flow (expense/cost) of -8000. The project is expected to return cash flows of 2000 in Year 1, 4000 in year 2, and 5000 in year 3. The project has a final clean-up cash flow of -2000 in year 4. What is the MIRR of this project if the WACC is 8%? Compound positive cash flows to year 4.
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