Project K has an initial cost of $42,956, and its expected net cash inflows are $12,500 per year for 7 years. The firm has a
Project K has an initial cost of $42,956, and its expected net cash inflows are $12,500 per year for 7 years. The firm has a WACC of 13 percent, and Project Ks risk would be similar to that of the firms existing assets. Calculate Project Ks modified internal rate of return (MIRR).
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Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
