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What is the MIRR for Project A? I keep getting 20.92% but it was wrong when I clicked check my work. NPV and IRR Analysis
What is the MIRR for Project A? I keep getting 20.92% but it was wrong when I clicked check my work.
NPV and IRR Analysis Cummings Products Company is considering two mutually exclusive investments whose expected net cash flows are as follows: Year EXPECTED NET CASH FLOWS Project A Project B -$430 -$680 -528 210 -219 210 -150 210 1,100 210 820 210 990 210 -325 210 What is each project's MIRR at a cost of capital of 16%? (Hint: Consider Period 7 as the end of Project B's life.) Do not round intermediate calculations. Round your answers to two decimal places. Project A: 20.92 % Project B: 19.72 %Step by Step Solution
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