The following table represents the cashflows (in rand) of a company. Year Cash flows 3 40000 5 -70000 7 -80000 9. 10000 11 100000 Money an be borrowed at 14,25% per year and investments an earn 8,27% per year. The MIRR given that the future value of the ash inflows is R187 253,00, is 1. 9,73%. 2. 22,66%. 3. 13,62%. 4. 8,85%.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The following table represents the
cashflows (in rand) of a company.
Year
Cash flows
3
40000
5
-70000
7
-80000
9.
10000
11
100000
Money an be borrowed at 14,25% per year
and investments an earn 8,27% per year.
The MIRR given that the future value of the
ash inflows is R187 253,00, is
1. 9,73%.
2. 22,66%.
3. 13,62%.
4. 8,85%.
Transcribed Image Text:The following table represents the cashflows (in rand) of a company. Year Cash flows 3 40000 5 -70000 7 -80000 9. 10000 11 100000 Money an be borrowed at 14,25% per year and investments an earn 8,27% per year. The MIRR given that the future value of the ash inflows is R187 253,00, is 1. 9,73%. 2. 22,66%. 3. 13,62%. 4. 8,85%.
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