Question
Paula is planning to buy a Coffee Shop for $115,000 today. In return, Paula is expecting the following cashflows: Year1: $7,188; Year2: $21,562; Year3: $40,250;
Paula is planning to buy a Coffee Shop for $115,000 today. In return, Paula is expecting the following cashflows: Year1: $7,188; Year2: $21,562; Year3: $40,250; Year4: $50,315; Year5: $57,500 Paula can borrow from a bank at a rate of 9.00% to buy the Coffee Shop
How much is the MIRR (modified internal rate of return) of this project? Enter your answer in the following format: 0.1234; Hint: Answer is between 0.1022 and 0.129
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Interest Rate Swaps And Their Derivatives A Practitioners Guide
Authors: Amir Sadr
1st Edition
0470443944, 978-0470443941
