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Please show/write step by step instructions using a BAII Plus Calculator and do not use Excel Answer is 13.74% I only want to learn the
Please show/write step by step instructions using a BAII Plus Calculator and do not use Excel
Answer is 13.74% I only want to learn the steps on a financial calculator.
Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's MIRR can be less than the WACC (and even negative), in which case it will be rejected. 13.74% WACC: 8.75% Year 0 1 2 3 Cash flows -$1,000 $450 $450 $450
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