The company has a weighted average cost of capital of 16


(MIRR) Dunder Mifflin Paper Company is considering purchasing a new stamping machine that costs $450,000. This new machine will produce cash inflows of $300,000 each year at the end of years 1 through 5, then at the end of year 7 there will be a cash outflow of $150,000. The company has a weighted average cost of capital of 16 percent (use this as the reinvestment rate). What is the MIRR of the investment?

The MIRR of the investment is % (Round to two decimal places.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The company has a weighted average cost of capital of 16
Reference No:- TGS02406762

Expected delivery within 24 Hours