Question: a) Project L requires an initial outlay at t = 0 of $78,988, its expected cash inflows are $13,000 per year for 10 years, and
a) Project L requires an initial outlay at t = 0 of $78,988, its expected cash inflows are $13,000 per year for 10 years, and its WACC is 11%. What is the project's IRR? Round your answer to two decimal places.
b)Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $14,000 per year for 9 years, and its WACC is 14%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
