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Project D has the following cash flows: Year Amount 0 -$100 1 +$150 2 +$120 3 -$50 Given that the minimum required rate of return
Project D has the following cash flows:
Year | Amount |
0 | -$100 |
1 | +$150 |
2 | +$120 |
3 | -$50 |
Given that the minimum required rate of return is 10%, what is its modified internal rate of return (MIRR)? You can assume a low discount rate of 4% and a high discount rate of 20% in your calculations.
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