If the firms required rate of return 12 percent what is the modified internal rate of return

Question:

If the firms required rate of return 12 percent what is the modified internal rate of return for the following project

Year cash flow

0 .................. 105.000

1..................70.000

2 ..................50.000

Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...