A project has the following cash flows: Year Cash FlowS OL234 0 -$ 12,400 5,530 7,990 5,360 -1,500 Assuming the appropriate interest rate is 10 percent, what is the MIRR for this project using the discounting approach? 1

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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41
A project has the following cash flows:
Year Cash Flows
0
-$ 12,400
5,530
7,990
5,360
-1,500
Assuming the appropriate interest rate is 10 percent, what is the MIRR for this project using the discounting approach?
1234
2
3
4
Transcribed Image Text:41 A project has the following cash flows: Year Cash Flows 0 -$ 12,400 5,530 7,990 5,360 -1,500 Assuming the appropriate interest rate is 10 percent, what is the MIRR for this project using the discounting approach? 1234 2 3 4
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