the nonconventional bet cash fnow series shown, the external rate of retum per year using the MIRR method, vith an investment rat borrowing rate of 8% per year, is closest to: Year 1 3. NCF, S -40,000 +16,673 -29,000 +25,000 +53,798
the nonconventional bet cash fnow series shown, the external rate of retum per year using the MIRR method, vith an investment rat borrowing rate of 8% per year, is closest to: Year 1 3. NCF, S -40,000 +16,673 -29,000 +25,000 +53,798
Chapter1: Making Economics Decisions
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![QUESTION 4
For the nonconventional net cash flow series shown, the external rate of retum 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
3
NCF, S
-40,000
+16,673
-29,000
+25,000
+53,798](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8ce513d1-b94e-4f3a-b4d3-724dde835f9f%2Fc336b836-e503-4603-8fe8-f6db228e9e29%2Fru6vl1b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 4
For the nonconventional net cash flow series shown, the external rate of retum 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
3
NCF, S
-40,000
+16,673
-29,000
+25,000
+53,798
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