Luis invests 20,000 pesos in a project. Determine the internal rate of modified return (TIRM) considering that Luis has to pay for his financing a rate of 15%, while the money you earn of the project decides to invest it in a bank at a rate of 11%.

  

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Periodo 0 1 2 3 4 5 FNE -20000 -1000 4000 5000 6000 7000 Periodo 0 1 2 3 4 5 FNE -20000 -1000 4000 5000 6000 7000

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SOLUTION To calculate the internal rate of modified return TIRM we need to first calculate the pre... View the full answer