Question
You are given the following information for a potential capital budgeting project: The initial investment is $500.The life of the project is 3 years with
You are given the following information for a potential capital budgeting project: The initial investment is $500.The life of the project is 3 years with the following cash flows during years 1, 2 and 3, respectively: $350, $100 and $250.The WACC is 12%.What is the MIRR of this project?
A.17%
B.23%
C.14%
D.20%
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
