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The initial cash flow will be 400000 with the cost of

Company A has a 4 year project under evaluation. The initial cash flow will be $400,000 with the cost of capital of 12%. The project is expected to generate the following cash flow each year.

Year 1= 50000

Year 2= 87000

Year 3= 250000

Year 4= 390000

What is MIRR?

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