Calculate the external rate of return using the MIRR method if i = 18 % per year and i = 10% per year. Year Revenue, $ Cost, $ 0 0 -6,000 1 25,000 -30,000 2 19,000 -7,000 The external rate of return according to the MIRR method, (in %) Round to the nearest two (2) decimal places Add your answer 3 4,000 -6,000 4 28,000 -12,000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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INSTRUCTIONS: Help me answer the given question. Do not round off answer when solving, instead just the final answer will be rounded off to two decimal places. 6

 

Calculate the external rate of return using the MIRR method if i;= 18% per year and i = 10% per year.
Year
Revenue, $
Cost, $
0
0
Add your answer
-6,000
Round to the nearest two (2) decimal places
1
25,000
-30,000
2
19,000
The external rate of return according to the MIRR method, (in %)
-7,000
3
4,000
-6,000
4
28,000
-12,000
Transcribed Image Text:Calculate the external rate of return using the MIRR method if i;= 18% per year and i = 10% per year. Year Revenue, $ Cost, $ 0 0 Add your answer -6,000 Round to the nearest two (2) decimal places 1 25,000 -30,000 2 19,000 The external rate of return according to the MIRR method, (in %) -7,000 3 4,000 -6,000 4 28,000 -12,000
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