For the net cash flow series, find the external rate of return (EROR) using the MIRR method with an investment rate of 19% per year and a borrowing rate of 9% per year Year Net Cash Flow, $ 4 8,000 7000 8,000 11,000 900 The external rate of return is

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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For the net cash flow serles, find the external rate of return (EROR) using the MIRR method with an investment rate of 19% per year and
a borrowing rate of 9% per year
Year
Net Cash Flow, $
1
3
4
8,000
1,000
8,000
11,000
900
The external rate of return is
find the external rate of return (EROR) using the MIRR method with an investment rate of 19% per year and
ear.
8,000
-7,000
-8,000
11,000
-900
2.200
Transcribed Image Text:For the net cash flow serles, find the external rate of return (EROR) using the MIRR method with an investment rate of 19% per year and a borrowing rate of 9% per year Year Net Cash Flow, $ 1 3 4 8,000 1,000 8,000 11,000 900 The external rate of return is find the external rate of return (EROR) using the MIRR method with an investment rate of 19% per year and ear. 8,000 -7,000 -8,000 11,000 -900 2.200
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