Question: You're evaluating a project with the following cash flows: initial investment is $117 million dollars, and cash flows for years 1-3 are $11, $58 and
You're evaluating a project with the following cash flows: initial investment is $117 million dollars, and cash flows for years 1-3 are $11, $58 and $81 million dollars, respectively. The firm's WACC is 6%. What is this project's MIRR?
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To calculate the Modified Internal Rate of Return MIRR we need to determine the terminal value of th... View full answer
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