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    Project's Modified Internal Rate of Return (MIRR)

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    Simmons Shoes is considering a project with the following cash flows:

    Year

    Project Cash Flow
    0 -$700
    1 400
    2 -200
    3 600
    4 500

    Simmons' WACC is 10 percent. What is the project's modified internal rate of return (MIRR)?

    a. 17.10%
    b. 18.26%
    c. 25.28%
    d. 28.93%
    e. 29.52%

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    https://brainmass.com/business/modified-internal-rate-of-return/projects-modified-internal-rate-return-mirr-58065

    Solution Preview

    Simmons Shoes is considering a project with the following cash ...

    Solution Summary

    This explains the steps to compute the project's modified internal rate of return (MIRR).

    $2.19

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