Question
For the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with an investment rate of 20%
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For the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with an investment rate of 20% per year and a borrowing rate of 8% per year, is closest to:
Year
0
1
2
3
4
NCF, $
40,000
+19,838
29,000
+25,000
+51,954
For the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with an investment rate of 20% per year and a borrowing rate of 8% per year, is closest to:
| Year | 0 | 1 | 2 | 3 | 4 |
| NCF, $ | 40,000 | +19,838 | 29,000 | +25,000 | +51,954 |
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
