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This set of problems is designed to be calculated using the Excel Do not use financial tables to calculate these problems Tall Trees, Inc. is
This set of problems is designed to be calculated using theExcelDo not use financial tables to calculate these problems
Tall Trees, Inc. is using the modified internal rate of return (MIRR) when evaluating projects.The company is able to reinvest cash flows received from the project at an annual rate of 10.39 percent.What is the MIRR of a project if the initial costs are $2,031,200 and the project life is estimated as 8 years? The project will produce the same after-tax cash inflows of 475,900 per year at the end of the year.
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