Terminal value 7,600 and outflow PV 4,636.36 over 3 years give MIRR near?
A25.5%
B17.9%
C14.9%
D20.7%
Answer & Solution
Correct answer: B. 17.9%
7,600/4,636.36 = 1.639 and its cube root is about 1.1791, so MIRR is about 17.9%.
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