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Tyrell Corporation is considering a project with the following cash flows (in millions of dollars): Year Project Cash Flow 0 ? 1 $1.0 2 1.5
Tyrell Corporation is considering a project with the following cash flows (in millions of dollars):
Year | Project Cash Flow |
0 | ? |
1 | $1.0 |
2 | 1.5 |
3 | 2.0 |
4 | 2.5 |
The project has a payback of exactly 2.0 years. The project's WACC is 12%. What is the project's MIRR?
a. | 28.54% | |
b. | 15.57% | |
c. | 38.12% | |
d. | 33.86% | |
e. | 12.50% |
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