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Please show step by step how to get the answer. Thank you. Answer: 18.54 Find the Modified internal rate of return (MIRR) for project A
Please show step by step how to get the answer. Thank you.
Answer: 18.54
Find the Modified internal rate of return (MIRR) for project A costing $12,844 ( if you calculate MIRR of 20.22% enter 20.22 (no % symbol and use at least two decimal places).
assume appropriate cost of capital for project A of the risk level, at this company is 10.64%, and the estimated cash flows of the project is below
Year 1 $4,965
Year 2 $3,804
Year 3 $3,996
Year 4 $5,483
Year 5 $6,517
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