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Green Submarine has a project with the following cash flows: Year Cash Flows $18,400 1 7,630 2 14,300 3 8,390 4 3,600 The discounting rate
Green Submarine has a project with the following cash flows:
Year | Cash Flows | |
$18,400 | ||
1 | 7,630 | |
2 | 14,300 | |
3 | 8,390 | |
4 | 3,600 | |
The discounting rate is 10 percent and the reinvestment rate is 12 percent. What is the MIRR for this project using the combination approach?
Multiple Choice
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20.85%
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16.22%
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15.80%
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23.73%
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18.47%
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