4 A project has the following cash flows: Year Cash Flows 0 -$ 11,400 1 4,930 2 7,090 3 4 4,560 -1,700 Assuming the appropriate interest rate is 8 percent, what is the MIRR for this project using the discounting approach?
4 A project has the following cash flows: Year Cash Flows 0 -$ 11,400 1 4,930 2 7,090 3 4 4,560 -1,700 Assuming the appropriate interest rate is 8 percent, what is the MIRR for this project using the discounting approach?
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
Section: Chapter Questions
Problem 1PS
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