Question: Alpha corp is considering a project that requires an initial investment of $62,000 today and will produce cash inflows on $16,500, $23,800, $27,100, and $23,300

Alpha corp is considering a project that requires an initial investment of $62,000 today and will produce cash inflows on $16,500, $23,800, $27,100, and $23,300 a year for the next four years respectively, alpha corp estimates WACC is 10%. what is the MIRR of the project?

NPV= 8944.27

payback period=2.8 yrs

irr=16.11%

What is the mirr project???

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