What is the MIRR of the following two year investment in a delivery van? The projected reinvestment
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What is the MIRR of the following two year investment in a delivery van?
The projected reinvestment rate (discount rate) is 2%. The project will require an investment of $50,000 today and expected cash flow of $30,000 in Year 1; and $30,000 in year 2. RECORD YOUR ANSWER AS A DECIMAL.
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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