Find the modified internal rate of return (MIRR) for the following series of future cash flows if

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Find the modified internal rate of return (MIRR) for the following series of future cash flows if the company is able to reinvest cash flows received from the project at an annual rate of 9.75 percent.The initial outlay is $341,600.

Year 1: $173,900

Year 2: $147,700

Year 3: $141,400

Year 4: $176,400

Year 5: $154,600

Round the answer to two decimal places in percentage form.

Posted Date: May 20, 2024 06:05 AM

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Find the modified internal rate of return (MIRR) for the following series of future cash flows if

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