Question
Malholtra Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's MIRR
Malholtra Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's MIRR can be less than the WACC (and even negative), in which case it will be rejected. ANSERW is 3.50%
WACC: 10.00%
Year 0 1 2 3 4
Cash flows -$1325 $300 $320 $340 $360
My book says that the Compounded Value of $300 is $399.30.
What is the equation to get $399.30
You may use the steps for a BA II Calculator but not EXCEL
I do not need the whole question solved because I already know how to solve for most of it.
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