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I need some help with this question. Thanks! Answer the following questions. Polk Products is considering an investment project with the following cash flows: Year
I need some help with this question.
Thanks!
Answer the following questions. Polk Products is considering an investment project with the following cash flows: Year o |-100 Year 1 70 Year 2 -20 Year 3 60 cashflow The company's cost of capital is 10%, and it can get an unlimited amount of capital at that cost What is the modified internal rate of return (MIRR) for the Project? Select one: a. 6.03% b. 9.50% C. 8.43% d.5.20% e. 7.48%Step by Step Solution
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