A project has an initial cost of 62300 expected net cash inf

A project has an initial cost of $62,300, expected net cash inflows of $10,000 per year for 12 years, and a cost of capital of 9%. What is the project\'s MIRR? Round your answer to two decimal places.

Year Cash Flows Excel Formula 0 -62300 1 10000 2 10000 3 10000 4 10000 5 10000 6 10000 7 10000 8 10000 9 10000 10 10000 11 10000 12 10000 MIRR 10.27% MIRR(B1:B13,9%,9%)

$A project has an initial cost of $62,300, expected net cash inflows of $10,000 per year for 12 years, and a cost of capital of 9%. What is the project\'s MIRR?$

A project has an initial cost of 62300 expected net cash inf

Solution

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