Question: DMH Inc. is evaluating a project with an initial investment of $100,000. The project is expected to generate cash flow of $50,000 in Year 1,
DMH Inc. is evaluating a project with an initial investment of $100,000. The project is expected to generate cash flow of $50,000 in Year 1, 40,000 in Year 2 and $30,000 in Year 3. If DMH's wacc is 10%, what is the project's modified internal rate of return? 7.69%13.94%10.29%10.38%
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