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Using the discounting approach, calculate the MIRR of the following cash flows: Assume that the required return on this project is 15% Project A Initial
Using the discounting approach, calculate the MIRR of the following cash flows:
Assume that the required return on this project is 15%
Project A
Initial Cost -$ 50
Year 1 $ 175
Year 2 -$ 115
Please EXPLAIN how to do it. There are some answers to this question already but don't explain how to get it. I don't understand finance very well so please please be thorough.
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