Duo Corporation is evaluating a project with the following cash flows: Year 0 Cash Flow -$ 15,800 1 6,900 2 8,100 3 7,700 4 5 6,500 -3,900 The company uses an interest rate of 9 percent on all of its projects. Calculate the MIRR of the project using all three methods. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. Discounting approach 21.46% Reinvestment approach 13.05% Combination approach 14.60 %
Duo Corporation is evaluating a project with the following cash flows: Year 0 Cash Flow -$ 15,800 1 6,900 2 8,100 3 7,700 4 5 6,500 -3,900 The company uses an interest rate of 9 percent on all of its projects. Calculate the MIRR of the project using all three methods. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. Discounting approach 21.46% Reinvestment approach 13.05% Combination approach 14.60 %
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
Section: Chapter Questions
Problem 1PS
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