Question: question 10 Kellog s is thinking about introducing a new cereal brand. Marketing and development of the brand will cost 12.5 million dollars today. In

question 10 question 10 Kellog s is thinking about introducing a new cereal brand.

Kellog s is thinking about introducing a new cereal brand. Marketing and development of the brand will cost 12.5 million dollars today. In year 182 , the new cereal will generate 5 million dollars in cash, in years 3 \& 4 , the new cereal will generate 6 million dollars in cash. Kellog's reinvestment rate is 796 . What is the MiRR of this project

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