Question: Use the Modified IRR (MIRR) method to determine the rate of return of a project that has the following cash flow diagram. The investment rate

 Use the Modified IRR (MIRR) method to determine the rate of

Use the Modified IRR (MIRR) method to determine the rate of return of a project that has the following cash flow diagram. The investment rate is 15% and the borrowing rate is 12%. $3 $3 g= 30% $2 5 2 3 4 7 8 9 10 11 years $4 $4 $4

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