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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