The Taxi Co. is evaluating a project with the following cash flows: The company uses a 10 percent interest rate on all of its projects. What is the MIRR using the discounted approach?
A)13.25 percent
B)14.08 percent
C)16.40 percent
D)17.17 percent
E)19.23 percent

Question

The Taxi Co. is evaluating a project with the following cash flows:  The company uses a 10 percent interest rate on all of its projects. What is the MIRR using the discounted approach?
A)13.25 percent 
B)14.08 percent 
C)16.40 percent 
D)17.17 percent 
E)19.23 percent

Quizplus · Accepted Answer

The Answer of The Taxi Co. is evaluating a project with the following cash flows:  The company uses a 10 percent interest rate on all of its projects. What is the MIRR using the discounted approach?
A)13.25 percent 
B)14.08 percent 
C)16.40 percent 
D)17.17 percent 
E)19.23 percent