For the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with a investment rate of 20% per year and a borrowing rate of 8% per year, is closest to: Year 0 1 2 3 4 NCF, $ -40,000 +19,076 -29,000 +25,000 +54,302

For the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with a investment rate of 20% per year and a borrowing rate of 8% per year, is closest to: Year 0 1 2 3 4 NCF, $ -40,000 +19,076 -29,000 +25,000 +54,302

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

For the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with a
investment rate of 20% per year and a borrowing rate of 8% per year, is closest to:
Year
0
1
2
3
4
NCF, $
-40,000
+19,076
-29,000
+25,000
+54,302

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