Miller and Sons is evaluating a project with the following cash flows: Picture The company uses a 10 percent interest rate on all of its projects. What is the MIRR of the project using the reinvestment approach? The discounting approach? The combination approach? 18.54 percent; 17.29 percent; 14.61 percent 13.96 percent; 14.38 percent; 14.61 percent 18.54 percent; 17.29 percent; 13.67 percent 13.96 percent; 17.85 percent; 13.67 percent 18.54 percent; 18.23 percent; 18.61 percent

Answer :

Answer:

The correct answer is D

MIRR using investment approach=13.96%

MIRR using discounting approach=17.85%

MIRR using combination method=13.67%

Explanation:

Find detailed computations in the attached spreadsheet.

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Answer:

MIRR reinvestment 13.96%, discounting 17.85%, combination 13.67%

Explanation:

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