Question
For the net cash flow series, find the external rate of return (EROR) using the MIRR method with an investment rate of 18% per year
For the net cash flow series, find the external rate of return (EROR) using the MIRR method with an investment rate of 18% per year and a borrowing rate of 12% per year.
| Year | 1 | 2 | 3 | 4 | 5 | 6 |
| Net Cash Flow, $ | 5,000 | -5,000 | -9,000 | 11,000 | -1,500 | 4,000 |
The external rate of return is %.
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Handbook On Second Lien Loans & Intercreditor Agreements
Authors: Mark N. Berman, Jo Ann J. Brighton
1st Edition
0981865593, 978-0981865591
