A project has an initial cost of $41,025, expected net cash inflows of $9,000 per year for

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A project has an initial cost of $41,025, expected net cash inflows of $9,000 per year for 7 years, and a cost of capital of13%. What is the project's MIRR? Do not round intermediatecalculations. Round your answer to two decimal places.

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Intermediate Financial Management

ISBN: 978-1285850030

12th edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Posted Date: Mar 14, 2024 03:43 AM

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A project has an initial cost of $41,025, expected net cash inflows of $9,000 per year for

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Calculating the Projects MIRR The Modified Internal Rate of Return MIRR considers the cost of capita... View the full answer

Intermediate Financial Management

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