MIRR. Lifeline Corp. is evaluating a project with the following cash flows:
Year | Cash Flow |
0 | −$15,000 |
1 | 6,100 |
2 | 7,300 |
3 | 6,900 |
4 | 5,700 |
5 | −3,100 |
The company uses a 10 percent interest rate on all of its projects. Calculate the MIRR of the project using all three methods.
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