Question
You are considering an investment project with the cash flows of -400 (the initial cash flow), 700 (cash flow at year 1), -100 (cash flow
You are considering an investment project with the cash flows of -400 (the initial cash flow), 700 (cash flow at year 1), -100 (cash flow at year 2). Given the discount rate of 10%, compute the Modified Internal Rate of Return (MIRR) using the discounting approach. 26.31% 45.04% 29.42% 59.31%
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
