What is the mirr of a project

Assignment Help Finance Basics
Reference no: EM132688972

Tall Trees, Inc. is using the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from the project at an annual rate of 9.05 percent. What is the MIRR of a project if the initial costs are $1,554,700 and the project life is estimated as 8 years? The project will produce the same after-tax cash inflows of 618,000 per year at the end of the year. Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

Reference no: EM132688972

Questions Cloud

Evaluate the nature of these changes : Identify a company that has undertaken some major changes in its operations - Evaluate the nature of these changes and how effectively the organisation
Explain in detail product is water bottle : FruitX is committed to producing a high-quality product that will promote healthy living. FruitX is selling a flavour infused water bottle made using only
How much would be allocated to the product : The fair values of the product and service are $350 and $150 respectively. Under the relative fair value method, how much would be allocated to the product?
Describe the factors that contribute to job satisfaction : Describe the factors that contribute to job satisfaction for most workers and explain if these factors are entirely under the control of the Organization.
What is the mirr of a project : Tall Trees, Inc. is using the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from the pro
Calculate the npv to the nearest dollar : In order to decide the viability of this project, QMC needs to know the NPV. Calculate the NPV to the nearest dollar.
What kinds of problems would you anticipate : If you were a manager in a manufacturing plant and you were asked to design and implement self-managed work teams, what kind of intervention strategy would you.
Which of the types of accounts have a normal credit balance : On September 5, What account would we credit when we journalize this entry? Which of the types of accounts have a normal credit balance?
Making face mask for protection of flu season : You plan on employing two part time employees for your business of making face mask for protection of flu season ,Inna and Jim. Inna charges $15 an hour

Reviews

Write a Review

Finance Basics Questions & Answers

  If a six month treasury bill is purchased for 9675 on the

if a six month treasury bill is purchased for .9675 on the dollar what is the discount yield the annual rate of

  Shareholders of alpha company

The shareholders of Alpha Company have voted in favor of a buyout offer from Beta Company.

  What is the firm weighted average cost of capital

A firm has debt of $16,000, and total firm value (E+D) of $40,000, a cost of debt of 5 percent, a cost of equity of 12 percent, and a tax rate of 34 percent.

  What inflation rate is expected after year 1

If the yield on 3-year Treasury bonds equals the 1-year yield plus 2.25%, what inflation rate is expected after Year 1? Round your answer to two decimal places.

  True or false question based on corporate tax

Cardinal, LLC incurred $20,000 of startup costs, $3,000 of organizational costs, and paid $10,000 in transfer taxes to change the title of a building contributed by one of LLC's members.

  What are the drawbacks of hybrid pay for members

What are the drawbacks of hybrid pay for the members of the sales teams? Can we alter the hybrid scheme to overcome these drawbacks?

  Fundamental understand of financial statement analysis

Demonstrate a fundamental understand of financial statement analysis.

  Present value of a thirty-year annuity

What is the present value of a thirty-year annuity that pays $3000 a year with the annuity first payment occurring in Year 21? (first payment in Year 21) Also, the interest rate is expected to be 4 percent until Year 21 and then to increase to 5 p..

  A brief discussion of the important literature

Write a brief no more than one page discussion of the important (top three articles) literature and the findings of that literature.

  What is the payback period for this project

Christopher electronics bought new machinery for $5,045,000 million. This is expected to result in additional cash flows of $1,200,000 million over the next 7 years. What is the payback period for this project? Their acceptance period is five year..

  Describe the two types of tax-deferred investment

Describe the two types of tax-deferred investment accounts [an IRA, and a 401(k) or 403(b)], and contrast them with a regular taxable investment account. What types of investments are best held in a tax-deferred account? What types are best held as t..

  Find the value of stock

McCue Mining Corporation's ore reserves are being depleted, so the corporation's sales are falling. Also, its pit is getting deeper each year, so its costs are rising.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd