Rosejoseph6385 Rosejoseph6385
  • 06-06-2023
  • Business
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You are considering an investment project with the cash flows of -400 (the initial cash flow), 800 (cash flow at year 1), -100 (cash flow at year 2). Given the discount rate of 10%, compute the Modified Internal Rate of Return (MIRR) using the combination approach.
a) 39.64%
b)65.76%
c) 35.03%
d)86.60%

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