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Los Angeles Lumber Company (LALC) is considering a project with a cost of $1,000 at t = 0 and inflows of $300 at the end
Los Angeles Lumber Company (LALC) is considering a project with a cost of $1,000 at t = 0 and inflows of $300 at the end of Years 1-5. LALC's cost of capital is 10 percent. What is the project's modified IRR (MIRR)? Do not use math to do this question write out the step on calculator, like this: CF--(1000)--ENTER--300--ENTER like this. I don't need to know the math way to do this, i need to know how to do this on the calculator, and what button i need to press.
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