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MIRR A project has an initial cost of $55,000, expected net cash inflows of $14,000 per year for 6 years, and a cost of
MIRR A project has an initial cost of $55,000, expected net cash inflows of $14,000 per year for 6 years, and a cost of capital of 9%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places. %
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
