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Modified Internal Rate of Return (MIRR) Calculation with Different Reinvestment Rate: Requirements: Calculate the modified internal rate of return using a different reinvestment rate with

Modified Internal Rate of Return (MIRR) Calculation with Different Reinvestment Rate:

  • Requirements: Calculate the modified internal rate of return using a different reinvestment rate with the following cash flows:
    • Initial Investment: -$150,000
    • Cash Flows: $40,000 (Year 1), $60,000 (Year 2), $80,000 (Year 3), $100,000 (Year 4)
    • Reinvestment Rate: 12%

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