Question
The discount rate is 10 percent. The cash flow provided are: Year 0, cash flow is -$15400; Year 1, cash flow is $6500; Year 2,
The discount rate is 10 percent. The cash flow provided are: Year 0, cash flow is -$15400; Year 1, cash flow is $6500; Year 2, cash flow is $7700; Year 3, cash flow is $7300; Year 4, cash flow is $6100; Year 5, cash flow is -$3500.
This is the equation that I wrote, and this is correct. Please help me with the MIRR using discounting approach by giving me the exact percentage number using spreadsheet please, thanks very much! I did many times but still couldn't generate the answer in spreadsheet.
0=-17573.22 + 6500/1+MIRR + 7700/(1+MIRR)^2 + 7300/(1+MIRR)^3 + 6100/(1+MIRR)^4
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