You are getting ready to get a new project that will incur some cleanup and shutdown costs
Fantastic news! We've Found the answer you've been seeking!
Question:
You are getting ready to get a new project that will incur some cleanup and shutdown costs when it is completed. The project will cost $7,662 upfront and is expected to generate $7,315 per year for four years and then have to spend $393.21 shutdown costs in year 5 to close the project. Assume the cost of capital on this project is 16%. What is the MIRR (modified internal rate of return) for this project?
Related Book For
Posted Date: