Solved

Computer Consultants Inc A) 932%
B) 10

Question 89

Multiple Choice

Computer Consultants Inc.is considering a project that has the following cash flow and cost of capital (r) data.What is the project's MIRR? Note that a project's MIRR can be less than the cost of capital (and even negative) , in which case it will be rejected. r=10.00% Year 0123 Cash flows $1,000$450$450$450\begin{array} { l c c c c } \mathrm { r } = 10.00 \% \\\text { Year } & 0 & 1 & 2 & 3 \\\hline \text { Cash flows } & - \$ 1,000 & \$ 450 & \$ 450 & \$ 450\end{array}


A) 9.32%
B) 10.35%
C) 11.50%
D) 12.78%
E) 14.20%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents