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For the nonconventional net cash flow shown, determine the external rate of return using the MIRR method at a borrowing rate of 10% per year
For the nonconventional net cash flow shown, determine the external rate of return using the MIRR method at a borrowing rate of 10% per year and an investment rate of (a) 15% per year, and (b) 30% per year.
Year 0 1 2 3
Net Cash Flow, $7000 +3000 +15,000 5000
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