For the nonconventional net cash flow shown, determine the external rate of return using the MIRR method
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(a) 15% per year, and
(b) 30% per year. See Problem 7.60 for a thorough spreadsheet based analysis of this series.
Data from problem 7.60
Transcribed Image Text:
3 Year Net Cash Flow, $1000| +15,000 -5000 +3000 –7000
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