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Given the following Cash flows for a project, calculate the Modified Internal Rate of Return (MIRR)? Assume the wacc is 10%. Would you accept or
- Given the following Cash flows for a project, calculate the Modified Internal Rate of Return (MIRR)? Assume the wacc is 10%. Would you accept or reject the project? Why? Please show each step to get this answer. Do not use Excel.
Year Cash Flow
- -12,000
- 45,000
- 55,000
- 65,000
- 90,000
- 80,000
- -113,000
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
