The project's payback is 1.5 years, and it has a weighted average cost of capital of 10 percent. What is the project's modified internal rate of return (MIRR)? MIRR>21% * Sample format: 11.11% NUBD is considering the following project. The project has an up-front cost and wll also generate the following subsequent cash flows: Project Cash Flow Year 1 P400 500 200 3

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
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The project's payback is 1.5 years, and it has a weighted average cost of capital of 10 percent.
What is the project's modified internal rate of return (MIRR)? MIRR>21% *
Sample format: 11.11%
NUBD is considering the following project. The project has an up-front cost and will
also generate the following subsequent cash flows:
Project
Cash Flow
Year
?
P400
500
200
123
Transcribed Image Text:The project's payback is 1.5 years, and it has a weighted average cost of capital of 10 percent. What is the project's modified internal rate of return (MIRR)? MIRR>21% * Sample format: 11.11% NUBD is considering the following project. The project has an up-front cost and will also generate the following subsequent cash flows: Project Cash Flow Year ? P400 500 200 123
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