Question: Timco is considering project A. Project A will cost 23000. It should provide after-tax cash inflows of 4600 per year for the next 6 years.
Timco is considering project A. Project A will cost 23000. It should provide after-tax cash inflows of 4600 per year for the next 6 years. The cost of funds is 11%. Find the MIRR. Should Timco buy it?
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