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Frank, inc is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's MIRR
Frank, inc is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's MIRR can be less than the WACC (and even negative), in which case it should be rejected.
WACC: 12.25%
Year 0 1 2 3 4
Cash flows -$1,700 $600 $640 $680 $720
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