3.  eBook Problem Walk-Through Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 10%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.   % 4. Project L requires an initial outlay at t = 0 of $61,000, its expected cash inflows are $11,000 per year for 7 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.   years

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 3CMA
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3. 

eBook Problem Walk-Through

Project L requires an initial outlay at t = 0 of $45,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 10%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

  %

4.

Project L requires an initial outlay at t = 0 of $61,000, its expected cash inflows are $11,000 per year for 7 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.

  years

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