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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 9% per year.
| Year | 1 | 2 | 3 | 4 | 5 | 6 |
| Net Cash Flow, $ | 7,000 | -3,000 | -7,000 | 4,000 | -2,300 | 2,600 |
The external rate of return is %.
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Elements Of Financial Risk Management
Authors: Peter Christoffersen
2nd Edition
0128102357, 9780128102350
