QUESTION 4 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 +18,848 -29,000 +25,000 +57,912

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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QUESTION 4
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
2.
-29,000
NCF, S
-40,000
+18,848
+25,000
+57,912
Transcribed Image Text:QUESTION 4 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 2. -29,000 NCF, S -40,000 +18,848 +25,000 +57,912
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