Question
Project Z has a cost of $1.5 million to start up (i.e., at time t=0), and is expected to produce a uniform cash flow stream
Project Z has a cost of $1.5 million to start up (i.e., at time t=0), and is expected to produce a uniform cash flow stream for 8 years (i.e., the cash flows are expected to be the same in years t=1 through t=8). Project Zs IRR is 13.5%, while its cost of capital is 11.25%. Find project Zs NPV and its MIRR.
please show all the fraction numbers and be easy to follow
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
