Question
Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $11,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $11,000 per year for 9 years, and its WACC is 11%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. %
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Governance And The Market For Corporate Control
Authors: John L. Teall
1st Edition
0415397863,1317834704
