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stranahan stranahan
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7 years ago
Find the Modified Internal Rate of Return (MIRR) for the following annual series of cash flows, given a discount rate of 10.50%: Year 0: -$75,000; Year 1: $15,000; Year 2: $16,000; Year 3: $17,000; Year 4: $17,500; and, Year 5: $18,000.
A) About 6.88%
B) About 6.35%
C) About 7.35%
D) About 7.88%
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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FatherHyenaFatherHyena
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you very much for this. It's really helpful.
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