A project has the following cash flows: Year 0 1 2 3 4 Cash Flows -$ 12,600 5,650 8,170 5,520 -1,460 Assuming the appropriate interest rate is 8 percent, what is the MIRR for this project using the discounting approach? Multiple Choice O 13.82% 11.52% 21.46% 16.76% 19.55%

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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A project has the following cash flows:
Year
0
1
2
3
4
Cash Flows
-$ 12,600
5,650
8,170
5,520
-1,460
Assuming the appropriate interest rate is 8 percent, what is the MIRR for this project using the discounting approach?
Multiple Choice
O
13.82%
11.52%
21.46%
16.76%
19.55%
Transcribed Image Text:A project has the following cash flows: Year 0 1 2 3 4 Cash Flows -$ 12,600 5,650 8,170 5,520 -1,460 Assuming the appropriate interest rate is 8 percent, what is the MIRR for this project using the discounting approach? Multiple Choice O 13.82% 11.52% 21.46% 16.76% 19.55%
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