A project needs 4000 as investment the future cash flows is


Question: A project needs $4000 as investment. The future cash flows is estimated as follows: Assume $2,000 a year in Years 1 through 5, $3,000 a year in Years 6 through 8. It needs to invest another $4,000 in Year 9, with all cash flows to be received at the end of the year. If the finance cost is 20% and reinvest rate is 10%, what is the MIRR of this project?

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Finance Basics: A project needs 4000 as investment the future cash flows is
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