QUESTION 3 For the nonconventional net cash flow series shown, the extemal 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 elosest to: 3. Year NCF, S 40,000 +16,322 -29,000 +25,000 +56,560

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
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Chapter17: Long-term Investment Analysis
Section: Chapter Questions
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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:
3.
Year
NCF, S
40,000
+16,322
-29,000
+25,000
+56,560
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: 3. Year NCF, S 40,000 +16,322 -29,000 +25,000 +56,560
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