Yellow Day has a project with the following cash flows: Year Cash Flows 0 -$ 26,700 1 10,400 2 19,100 3 9,540 4 -3,450 What is the MIRR for this project using the reinvestment approach? The interest rate is 8 percent.

Yellow Day has a project with the following cash flows: Year Cash Flows 0 -$ 26,700 1 10,400 2 19,100 3 9,540 4 -3,450 What is the MIRR for this project using the reinvestment approach? The interest rate is 8 percent.

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

Section: Chapter Questions

Problem 1PS

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Question

Yellow Day has a project with the following cash flows: Year Cash Flows 0 -$ 26,700 1
10,400 2 19,100 3 9,540 4 -3,450 What is the MIRR for this project using the
reinvestment approach? The interest rate is 8 percent.
Multiple Choice
10.12%
16.09%
17.64%
13.79%
12.15%

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