Yellow Day has a project with the following cash flows: Year Cash Flows 0 $ 25,600 1
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Question:
Yellow Day has a project with the following cash flows:
Year Cash Flows
0 $ 25,600
1 9,850
2 14,700
3 8,880
4 2,900
What is the MIRR for this project using the reinvestment approach? The interest rate is 9 percent.
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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