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Please do not use excel P11-14 (similar to) Question Help * (Related to Checkpoint 11.6) (MIRR calculation) Emily's Soccer Mania is considering building a new
Please do not use excel
P11-14 (similar to) Question Help * (Related to Checkpoint 11.6) (MIRR calculation) Emily's Soccer Mania is considering building a new plant. This project would require an initial cash outlay of $9.5 million and would generate annual cash inflows of $2 million per year for years one through four. In year five the project will require an investment outlay of $6 million During years 6 through 10 the project will provide cash inflows of S6 million per year. Calculate the project's MIRR, given a discount rate of 12 percent. The MRR of the project with a discount rate of 12% 1 % (Round to two decimal places.)Step by Step Solution
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