FUND.OF FINANCIAL MANAGEMENT(LL)FDS
FUND.OF FINANCIAL MANAGEMENT(LL)FDS
6th Edition
ISBN: 9780357257067
Author: Brigham
Publisher: CENGAGE L
Question
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Chapter 11, Problem 21P
Summary Introduction

To calculate: MIRR of the given project.

Introduction:

Modified Internal Rate of Return (MIRR):

It refers to the rate of return that is computed by the company to make a decision regarding the selection and ranking of a project for investment. This is a modified version of the IRR with reinvestment of cash flows at the cost of capital.

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Chapter 11 Solutions

FUND.OF FINANCIAL MANAGEMENT(LL)FDS

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