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MIRR A project has an initial cost of $70,000, expected net cash inflows of $10,000 per year for 9 years, and a cost of
MIRR A project has an initial cost of $70,000, expected net cash inflows of $10,000 per year for 9 years, and a cost of capital of 13%. 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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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
