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papahomer papahomer
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7 years ago
Manheim Candles is considering a project with the following incremental cash flows. Assume a discount rate of 10%.

   Year   Cash Flow
   0   ($20,000)
   1   0
   2   $30,000
   3   $30,000

Calculate the project's MIRR. (Round to the nearest whole percentage.)
A) 31%
B) 47%
C) 53%
D) 61%
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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vanrheevanrhee
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7 years ago
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