Project L costs $60,000, its expected cash inflows are $9,000 per year for 8 years, and its

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Project L costs $60,000, its expected cash inflows are $9,000 per year for 8 years, and its WACC is 11%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Apr 30, 2019 09:02 AM

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Project L costs $60,000, its expected cash inflows are $9,000 per year for 8 years, and its

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MIRR FV of Cash InflowPV of Cash outflow 1n 1 ... View the full answer

Fundamentals of Financial Management

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