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Nouvel inc. is considering a project with the following cash flows (in millions of dollars): * a. 15.56% b. 12.5% c. 33.86% d. 28.54% e.
Nouvel inc. is considering a project with the following cash flows (in millions of dollars): *
a. 15.56%
b. 12.5%
c. 33.86%
d. 28.54%
e. None of the above
Year 0 1 2 3 4 Project Cash Flow ? $1.0 1.5 2.0 2.5 The project has a regular payback period of exactly two years. The project's cost of capital is 12 percent. What is the project's modified internal rate ofretum (MIRR)Step by Step Solution
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