For the nonconventional net cash flow series shown, the external rate of return per year using the

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For the nonconventional net cash flow series shown, the external rate of return per year using the MIRR method, with an investment rate of 20% per year and a borrowing rate of 8% per year, is closest to:

(a) 10.8%

(b) 12.0%

(d) 16.7%

2 3 Year 4 NCF, $ -40,000 +13,000 -29,000 +25,000 +50,000

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 12, 2018 10:42 AM

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For the nonconventional net cash flow series shown, the external rate of return per year using the

Question:

2 3 Year 4 NCF, $ -40,000 +13,000 -29,000 +25,000 +50,000

Step by Step Answer:

b PW 0 40000 29000PF82 40000 2900008573 64862 ...View the full answer

Engineering Economy

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