Question: Mark is using the modified internal rate of return ( MIRR ) when evaluating investment opportunities. He is able to reinvest cash flows received from
Mark is using the modified internal rate of return MIRR when evaluating investment opportunities. He is able to reinvest cash flows received from the investment at an annual rate of percent. The investment will produce the same aftertax cash inflows of per year at the end of the year for years. What is the MIRR of an investment if the initial costs are $
Round the answer to two decimal places in percentage form. Write the percentage sign in the "units" box
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