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Morty Inc. is evaluating the following project with a risk-adjusted discount rate of 10%. Calculate the 3rd version (combination approach) of the modified internal rate
| Morty Inc. is evaluating the following project with a risk-adjusted discount rate of 10%. Calculate the 3rd version (combination approach) of the modified internal rate of return (MIRR3). (Enter percentages as decimals and round to 4 decimals) | |||||||||
| Year | Cash Flow | ||||||||
| 0 | -300,000 | ||||||||
| 1 | 200,000 | ||||||||
| 2 | 200,000 | ||||||||
| 3 | -200,000 | ||||||||
| 4 | 200,000 |
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Managerial Accounting The Cornerstone Of Business Decision Making
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
8th Edition
0357715349, 978-0357715345
