Question
You're evaluating a project with the following cash flows: initial investment is $88 million dollars, and cash flows for years 1-3 are $6, $78 and
You're evaluating a project with the following cash flows: initial investment is $88 million dollars, and cash flows for years 1-3 are $6, $78 and $78 million dollars, respectively. The firm's WACC is 5%. What is this project's MIRR? Enter your answer as a percentage, rounded to 2 decimals, without the percentage sign. So, if your answer is 0.115678, just enter 11.57.
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Essentials Of Real Estate Finance
Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
