Question
You are considering an investment project with the cash flows of -500 (the initial cash flow), 750 (cash flow at year 1), -200 (cash flow
You are considering an investment project with the cash flows of -500 (the initial cash flow), 750 (cash flow at year 1), -200 (cash flow at year 2). Given the discount rate of 10%, compute the Modified Internal Rate of Return (MIRR) using the reinvestment approach.
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International Finance
Authors: Keith Pilbeam
5th Edition
1350347094, 978-1350347090
