a firm is analyzing a project that is expected to have an annual cash flows of 46,400, 51,300, and -15,200 for years 1 to 3 respectively. The initial cash outlay is 65,900 and the discount rate is 12 percent. What is the MIRR using the discounting approach?

a firm is analyzing a project that is expected to have an annual cash flows of 46,400, 51,300, and -15,200 for years 1 to 3 respectively. The initial cash outlay is 65,900 and the discount rate is 12 percent. What is the MIRR 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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