Question
Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $10,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $10,000 per year for 9 years, and its WACC is 9%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
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Money And Capital Markets
Authors: Peter Rose, Milton Marquis
10th Edition
0077235800, 9780077235802
