What is the mirr using the discounted approach


Problem:

The Taxi Co. is evaluating a project with the following cash flows: Year Cash Flow 0 -$13,400 1 6,100 2 6,800 3 6,500 4 5,400 5 -5,900 The company uses an 8 percent interest rate on all of its projects.

Required:

Question: What is the MIRR using the discounted approach?

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Finance Basics: What is the mirr using the discounted approach
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