For the nonconventional net cash flow series shown, the extermal rate of retum per year using the MIRR method, with an investment rate of 20% per year and a borrowing rate of 8% per year, is closest to: Year 3. 4. NCF, S -40,000 +18,809 -29,000 +25,000 +53,938
For the nonconventional net cash flow series shown, the extermal rate of retum per year using the MIRR method, with an investment rate of 20% per year and a borrowing rate of 8% per year, is closest to: Year 3. 4. NCF, S -40,000 +18,809 -29,000 +25,000 +53,938
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 23E: Assume that an investment of 100,000 produces a net cash flow of 60,000 per year for two years. The...
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![For the nonconventional net cash flow series shown, the extermal rate of retum per year using the MIRR method, with an
investment rate of 20% per year and a borrowing rate of 8% per year, is closest to:
Year
3.
4.
NCF, S
-40,000
+18,809
-29,000
+25,000
+53,938](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F27d2b5d3-2824-464d-9b3b-95fcc7892fb5%2Fbc1b64cc-26f0-4913-b0d2-50772629a91b%2Fj9v552e.png&w=3840&q=75)
Transcribed Image Text:For the nonconventional net cash flow series shown, the extermal rate of retum per year using the MIRR method, with an
investment rate of 20% per year and a borrowing rate of 8% per year, is closest to:
Year
3.
4.
NCF, S
-40,000
+18,809
-29,000
+25,000
+53,938
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