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Ingram Electric is considering a project with an initial cash outflow of $800,000. This project is expected to have cash inflows of $350,000 per year
Ingram Electric is considering a project with an initial cash outflow of $800,000. This project is expected to have cash inflows of $350,000 per year in years 1, 2 and 3. The company has a WACC of 9.05% which is used as its reinvestment rate. What is the projects modified internal rate of return?
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Finance For Real Estate Development
Authors: Charles Long
1st Edition
0874204305, 978-0874204308
