Question: Please show how to do with excel and show work, I need to know how to do it, not necessarily the answer. Thanks! Find the

Please show how to do with excel and show work, I need to know how to do it, not necessarily the answer. Thanks!
Find the modified internal rate of return (MIRR) for a proposed project costing $14,263 (if you calculate an MIRR of 20.22%, please enter 20.22 - do not include the % symbol, and use at least two decimal places). Assume that the appropriate cost of capital for projects of this risk level, at this company is 17.6%, and the estimated cash flows for the life of the project are as follows: Year 1 Year 2 Year 4 Year 6 Year 3 $6,387 Year 5 $13,490 $8,201 $7,868 $9,571 $5,960
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
