Question: Use the following information to answer problems 17 to 18. You can solve with a standard calculator, but you might find it easier to do
Use the following information to answer problems 17 to 18. You can solve with a standard calculator, but you might find it easier to do on Excel, especially problem 18. A potential project has the following expected free cash flows: Assume a financing rate of 11.00% and a reinvestment rate of 9.00%. 17. [Ch 9] Using the "reinvestment approach" (method \#2) outlined in the text/slides, what is the modified internal rate of return (MIRR) of the project? (to nearest 0.0001% ) 18. [Ch 9] Using the "combination approach" (method #3 ) outlined in the text/slides, what is the MIRR of the project? (to nearest 0.0001\%)
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