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Question 11 (3 points) Estimated time allowance: 12-13 minutes. What is the Modified Internal Rate of Return (MIRR) of a project with the following cash
Question 11 (3 points) Estimated time allowance: 12-13 minutes. What is the Modified Internal Rate of Return (MIRR) of a project with the following cash flows? The discounting rate is 14%. Year 1 2 3 4 5 6 Cash Flow -1,200,000 400,000 500,000 500,000 500,000 500,000 500,000 25.31% 22.60% 19.08% 23.06% 11.89%
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
978-0073379555
