Question
Modified Internal Rate of Return [LO6] One of the less flattering interpretations of the acronym MIRR is meaningless internal rate of return. Why do you
Modified Internal Rate of Return [LO6] One of the less flattering interpretations of the acronym MIRR is meaningless internal rate of return. Why do you think this term is applied to MIRR?
Year Cash Flow
0-26000
1 11000
2 14000
310000
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
