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Ingram electric is considering a project with an initial cash outflow of $800000. this project is expected to have cash inflows of $350000 per year
Ingram electric is considering a project with an initial cash outflow of $800000. this project is expected to have cash inflows of $350000 per year in year 1,2,3. the company has a wacc of 8.65% which is used as its reinvestment rate. whats the projects modified internal rate of return?
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Financial Management
Authors: Rob Quail, Ricardo J. Rodriguez
2nd Edition
1557868441, 9781557868442
