CFo CF1 i = 12% CF2 CF3 CF4 CF5

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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What is the modified internal rate of return for the following cashflow?
CFO
($8,350,000)
O 12.63%
O 21.17%
O 18.71%
O 10.56%
CF₁
$4,200,000
i = 12%
CF₂
$4,200,000
CF3
($2,850,000)
CF4 CF5
+ H
$4,800,000
$3,400,000
Transcribed Image Text:What is the modified internal rate of return for the following cashflow? CFO ($8,350,000) O 12.63% O 21.17% O 18.71% O 10.56% CF₁ $4,200,000 i = 12% CF₂ $4,200,000 CF3 ($2,850,000) CF4 CF5 + H $4,800,000 $3,400,000
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