Homework #6C (IRR and MIRR annually and semi-annually) Finance Question 4(1 poi

Homework #6C (IRR and MIRR annually and semi-annually)
Finance
Question 4 (1 point)
Find the modified internal rate of return (MIRR) for the following series of future cash flows if the company is able to reinvest cash flows received from the project at an annual rate of 13.05 percent.The initial outlay is $423,300.
Year 1: $140,800
Year 2: $133,000
Year 3: $131,900
Year 4: $123,000
Year 5: $145,300
Round the answer to two decimal places in percentage form. (Write the percentage sign in the “units” box)
Your Answer:

Published

Leave a comment

Your email address will not be published.