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    Computation of Modified Internal rate of return (MIRR)

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    A company's project has expected net cash inflows of $4,000 per year for seven years. The project has a cost of $12,200 and the cost of capital is 17%. What's the project's modified internal rate of return?

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    Response explains the computation and interpretation of Modified Internal rate of return (MIRR)

    $2.19

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