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Given a company's positive and negative cash flows over years 0-5, and the interest rate on the project, what is the IRR and MIRR?
I have attached the specifics of this hw problem. I have tried it several times and can not arrive at an answer I am confident in. I can't find the instructor's notes on how to complete these problems when the cash flows include both positive and negative signs. Correct answers to compare my work to would be greatly appreciated.
Slow Ride Corp., is evaluating a project with the following cash flows.
Year
Cash Flow
0
-$29,000
1
11,200
2
13,900
3
15,800
4
12,900
5
-9,400
The company uses a 10 percent interest rate on the project. What is the IRR of the project? What
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