Question
ngram Electric Products is considering a project that has the following cash flows: Year 0 = -$800; Years 1-3 = $350 each year. Assuming a
ngram Electric Products is considering a project that has the following cash flows: Year 0 = -$800; Years 1-3 = $350 each year. Assuming a WACC of 7 percent, what is the project's modified internal rate of return (MIRR)?
- A. 9.15 percent
- B. 12.04 percent
- C. 13.97 percent
- D. 10.00 percent
- E. 14.93 percent
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Public Finance And Public Policy
Authors: Jonathan Gruber
6th Edition
1319105254, 9781319105259
