A firm is analyzing a project that is expected to have an annual cash flows of 46,400, 51,300, and -15,200 for years 1 to 3 respectively. The initial cash outlay is 65,900 and the discount rate is 12 percent. What is the MIRR using the discounting approach?

Answer rating: 100% (QA)

Modified IRR Future value of Positive cashflow Present valu... View the full answer