Green Submarine has a project with the following cash flows: Year Cash Flows -$17,850 7,080 12,650 7,950 -3,050 The discounting rate is 9 percent and the reinvestment rate is 11 percent. What is the MIRR for this project using the combination approach? 1 2 3 4 Multiple Choice 14.25% 15.93% 19.86% 13.68%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
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Green Submarine has a project with the following cash flows:
Year Cash Flows
-$17,850
7,080
12,650
7,950
-3,050
The discounting rate is 9 percent and the reinvestment rate is 11 percent. What is the MIRR for this project using the combination approach?
1
2
3
4
Multiple Choice:
14.25%
15.93%
19.86%
13.68%
Transcribed Image Text:Green Submarine has a project with the following cash flows: Year Cash Flows -$17,850 7,080 12,650 7,950 -3,050 The discounting rate is 9 percent and the reinvestment rate is 11 percent. What is the MIRR for this project using the combination approach? 1 2 3 4 Multiple Choice: 14.25% 15.93% 19.86% 13.68%
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