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What is the MIRR of a project that costs $694, generates free cash inflows of $219 at the end of each of the first 7
What is the MIRR of a project that costs $694, generates free cash inflows of $219 at the end of each of the first 7 years and an outflow of 146 at the end of Year 8? The reinvestment rate is 8.7%. (Record your answer to the nearest 0.01%, drop the % symbol. E.g., if your answer is 10.7745%, record it as 10.77.) Blank 1. Calculate the answer by read surrounding text
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
