Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below.
0 | 1 | 2 | 3 | 4 | ||||||
Project A | -1,400 | 650 | 390 | 210 | 260 | |||||
Project B | -1,400 | 250 | 325 | 360 | 710 |
What is Project A's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is Project B's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
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