Question
Project Z has an initial outlay of $100,000 with incremental cash flows at the end of years one, two, and three of $80,000, $25,000, and
Project Z has an initial outlay of $100,000 with incremental cash flows at the end of years one, two, and three of $80,000, $25,000, and $20,000 respectively. The cost of capital is 12%. Compute the modified internal rate of return (MIRR)
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
