Finance Problem Help!!,?

Year Cash Flow
0 –$ 16,000
1 7,100
2 8,300
3 7,900
4 6,700
5 – 4,100
The company uses a 10% interests rate on all of its projects. Calculate the MIRR of the project in the combination approach
HINT ( I got the discount approach = 22.66% and the reinvestment approach = 16.46% )

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One Response to “Finance Problem Help!!,?”

  1. apology4 says:

    21.40%
    (Actually, 21.40492%)
    However, you didn’t mention the finance cost that the company pays on the cash flows. No biggy; just sayin’.

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