Vitro wants to invest in a new Project with great expectations. The initial investment is $9,000. In the first year, the firm expects a cash inflow of $10,000 and a cash outflow of $1,000. The second and third periods expect to grow their cash inflows by 20% per year and their cash outflows by 10% per year. Calculate the MIRR of the project. (10% Financing Rate and 15% Reinvestment Rate)

Answer rating: 100% (QA)

To calculate the Modified Internal Rate of Return MIRR of the project we need to find the discount r... View the full answer