Kirklin Clinic is evaluating a project that costs $60,000 and has expected net cash inflows of $7,500 per year for eight years. The first inflow occurs one year after the cost outflow, and the project has a cost of capital of 12%. What is the project's MIRR? (hint: remember to put the answer as a percentage). O 13.9% 5.5% O 3.2% 22.1% h
Kirklin Clinic is evaluating a project that costs $60,000 and has expected net cash inflows of $7,500 per year for eight years. The first inflow occurs one year after the cost outflow, and the project has a cost of capital of 12%. What is the project's MIRR? (hint: remember to put the answer as a percentage). O 13.9% 5.5% O 3.2% 22.1% h
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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Transcribed Image Text:Kirklin Clinic is evaluating a project that costs $60,000 and has expected net cash inflows of
$7,500 per year for eight years. The first inflow occurs one year after the cost outflow, and
the project has a cost of capital of 12%. What is the project's MIRR? (hint: remember to put the
answer as a percentage).
O 13.9%
5.5%
O 3.2%
22.1%
h
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