Question
For the net cash flow series, find the external rate of return (EROR) using the MIRR method with an investment rate of 25% per year
For the net cash flow series, find the external rate of return (EROR) using the MIRR method with an investment rate of 25% per year and a borrowing rate of 12% per year.
| Year | 1 | 2 | 3 | 4 | 5 | 6 |
| Net Cash Flow, $ | 10,000 | -9,000 | -6,000 | 5,000 | -800 | 2,300 |
Find the external rate of return
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Financial Accounting an introduction to concepts, methods and uses
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
13th Edition
978-0538776080, 324651147, 538776080, 9780324651140, 978-0324789003
