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What is the rate of return associated with this project? Year Cash Flow 0 -$225,000 1 85,000 2 65.000 3 59,000 Use the steps as
What is the rate of return associated with this project? Year Cash Flow 0 -$225,000 1 85,000 2 65.000 3 59,000 Use the steps as follows: 4 -35,000 1. Determine how many roots are possible. 2. Graph the PW versus the interest rate to see whether multiple roots occur. 5 - 10,000 3. If the root is a unique IRR, it is the project's rate of return. 4. If there are multiple roots, then use 6 38,000 an external investing rate of 12% 7 50,000 an external borrowing rate of 6% Compute and use the MIRR as the project's rate of return
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