Question
Your Company is considering Project called Delimited, whose costs and cash flows are shown below: (5 points) Delimited Year Cash Flow 0-$2,000 1200 2800 3800
Your Company is considering Project called Delimited, whose costs and cash flows are shown below: (5 points)
Delimited
YearCash Flow
0-$2,000
1200
2800
3800
41,400
The project is risky; the firm's cost of capital is 10 percent. What is the modified internal rate of return (MIRR) and what is your recommendation to accept or reject the project.The required rate of return is 20%
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
