Duo Corporation is evaluating a project with the following cash flows: Year Cash Flow -$ 30,000 012345 12,200 14,900 16,800 13,900 -10,400 The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project. (Do not round intermediate calculation your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR %

Financial And Managerial Accounting
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ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
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Duo Corporation is evaluating a project with the following cash flows:
Year
Cash Flow
-$ 30,000
012345
12,200
14,900
16,800
13,900
-10,400
The company uses an interest rate of 8 percent on all of its projects.
Calculate the MIRR of the project. (Do not round intermediate calculation
your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
MIRR
%
Transcribed Image Text:Duo Corporation is evaluating a project with the following cash flows: Year Cash Flow -$ 30,000 012345 12,200 14,900 16,800 13,900 -10,400 The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project. (Do not round intermediate calculation your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR %
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