Question
Project X has a cost of $1,000 at t = 0, and it isexpected to produce a uniform cash flow streamfor 10 years, i.e., the
Project X has a cost of $1,000 at t = 0, and it isexpected to produce a uniform cash flow streamfor 10 years, i.e., the CF's are the same in Years 1 through 10, and it has a regular IRR of 12percent. The required rate of return (WACC) for the project is 10percent. What is the project'smodified IRR (MIRR)?
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Investing In Financial Research A Decision Making System For Better Results
Authors: Cheryl Strauss Einhorn, Tony Blair
1st Edition
1501732757, 9781501732751
