Question: Company A is considering a new project. Cost of project = RM275'000 The project is expected to provide after-tax annual cash flows of RM73' 306

Company A is considering a new project. Cost of project =

Company A is considering a new project. Cost of project = RM275'000 The project is expected to provide after-tax annual cash flows of RM73' 306 for 8 years. The company is uncomfortable with the IRR investment assumption and prefers the modified IRR approach You have calculated a cost of capital for the company of 12% What is the project's Modified Internal Rate of Return (MIRR)? Please do it step by step so that it is easy to understand. Thank you very much

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