A project has an initial cost of $45,000. The incremental inflows associated with the project are $20,000
Fantastic news! We've Found the answer you've been seeking!
Question:
A project has an initial cost of $45,000. The incremental inflows associated with the project are $20,000 in year 1, $15,000 in year 2, $10,000 in year 3 and $8,000 in year 4. All cash inflows are at the end of the year. The appropriate discount rate for this project is 8.0%.
What is the project's modified internal rate of return? Calculate to two decimal places.
Posted Date: