Question
SHOW WORKS Project M has an initial cost of $65,152, and its expected net cash inflows are $16,000 per year for 7 years. The firm
SHOW WORKS Project M has an initial cost of $65,152, and its expected net cash inflows are $16,000 per year for 7 years. The firm has a WACC of 12 percent, and Project Ms risk would be similar to that of the firms existing assets. Calculate Project Ms modified internal rate of return (MIRR).
a. 15.72% b. 13.84% c. 12.00% d. 8.05% e. 71.91%
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
1st Edition
0130176141, 9780130176141
