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What is the Modified Internal Rate of Return MIRR of the above project's annual cash flow, assuming the discount is 9%, and the reinvestment rate
What is the Modified Internal Rate of Return MIRR of the above project's annual cash flow, assuming the discount is 9%, and the reinvestment rate is 7%? Years Cash Flow 0 $(5,000.00) 1 $ 1,000.00 2 $ 2,000.00 3 $(4,000.00) 4 $ 3,000.00 5 $ 6,000.00 a. 9.90% b. 10.41% c. 9.43% d. 9.93%
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
