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or the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with an inve

or the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with an inve

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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QUESTION 3 For the nonconventional net cash flow series shown, the external rate of return 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 NCF, S -40,000 +17,007 -29,000 +25,000 +55,968 QUESTION 4 For the net cash flow and cumulative cash flows shown, the value of x is nearest: Year 1 2 3 4 5 Net Cash Flow, S CCF, S O $16,000 O $-16,000 O $-8,000 O $41,000 +13,000 -29,000 -16,000 -25,000 50,000 +13,000 -41.000 +9000 +1000
Transcribed Image Text:QUESTION 3 For the nonconventional net cash flow series shown, the external rate of return 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 NCF, S -40,000 +17,007 -29,000 +25,000 +55,968 QUESTION 4 For the net cash flow and cumulative cash flows shown, the value of x is nearest: Year 1 2 3 4 5 Net Cash Flow, S CCF, S O $16,000 O $-16,000 O $-8,000 O $41,000 +13,000 -29,000 -16,000 -25,000 50,000 +13,000 -41.000 +9000 +1000
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