Emily's Soccer Mania is considering building a new plant. The project would require an initial cash outlay
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Emily's Soccer Mania is considering building a new plant. The project would require an initial cash outlay of $10 million and would generate annual cash inflows of $3 million per year for years one through four. In year five the project will require an investment outlay of $5 million. During years 6 through 10 the project will provide cash inflows of $5 million per year. Calculate the project's MIRR, given a discount rate of 10%.
Related Book For
Financial Management Principles and Applications
ISBN: 978-0133423822
12th edition
Authors: Sheridan Titman, Arthur Keown, John Martin
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