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( Related to Checkpoint 1 1 . 6 ) ( MIRR calculation ) Emily's Soccer Mania is considering building a new plant. This project would
Related to Checkpoint MIRR calculation Emily's Soccer Mania is considering building a new plant. This project would require an initial cash outlay of $ million and would generate annual cash inflows of $ million per year for years one through four. In year five the project will require an investment outlay of $ million. During years through the project will provide cash inflows of $ million per year. Calculate the project's MIRR, given a discount rate of percent.
The MIRR of the project with a discount rate of is Round to two decimal places.
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