Question
You are considering an investment project with the cash flows of -600 (the initial cash flow), 800 (cash flow at year 1), -100 (cash flow
You are considering an investment project with the cash flows of -600 (the initial cash flow), 800 (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 reinvestment approach.
14.02%
19.37%
17.19%
13.54%
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The Socionomic Theory Of Finance
Authors: Robert R. Prechter
1st Edition
0977611256, 978-0977611256
