Question
You are considering an investment project with the cash flows of -400 (the initial cash flow), 800 (cash flow at year 1), -100 (cash flow
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You are considering an investment project with the cash flows of -400 (the initial cash flow), 800 (cash flow at year 1), -100 (cash flow at year 2) Given the discount rate of 8%, compute the Modified Internal Rate of Return (MIRR) using the reinvestment approach.
38.20%
86.60%
64.70%
33.37%
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
7th Edition
0072866578, 9780072866575
