Towson inc is considering a project that has the following, Financial Management

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Towson inc is considering a project that has the following

Towson Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR?. WACC: 12.25% CASHFLOWS:-$850 $300 $320 $340 $360 The answer is calculated as MIRR = 16.56%. I need to understand how to get this answer. Please do not just stick this in excel, as that is not an option on a exam. I can however use a financial calculator.

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Financial Management: Towson inc is considering a project that has the following

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Financial Management: Towson inc is considering a project that has the following

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