Question
What is the modified internal rate of return (MIRR) of this project given the following cash flows? Assume that the required rate is 8%. Year
What is the modified internal rate of return (MIRR) of this project given the following cash flows? Assume that the required rate is 8%.
Year CF 0 -$9,800 1 $1,000 2 $4,500 3 $1,000 4 $1,500 5 $2,700 6 $1,000
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R Cornwall, David O Vang, Jean M Hartman
5th Edition
0367335417, 978-0367335410
