A project has the following cash flows : Year Cash Flows 0 −$11,100 1 4,750 2 6,820 3 4,320 4 −1,760 Assuming the appropriate interest rate is 9 percent, what is the MIRR for this project using the discounting approach?
A project has the following cash flows : Year Cash Flows 0 −$11,100 1 4,750 2 6,820 3 4,320 4 −1,760 Assuming the appropriate interest rate is 9 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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A project has the following cash flows :
| Year | Cash Flows | |
| 0 | −$11,100 | |
| 1 | 4,750 | |
| 2 | 6,820 | |
| 3 | 4,320 | |
| 4 | −1,760 | |
Assuming the appropriate interest rate is 9 percent, what is the MIRR for this project using the discounting approach?
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