What is the modified internal rate of return for the following cashflow? CFO CF₁ H ($8,500,000) $3,100,000 19.33% O 7.42% 10.14% O 5.42% i = 12% CF2 CF 3 + $3,100,000 ($3,900,000) CF4 H $4,850,000 CF5 $2,950,000

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
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What is the modified internal rate of return for the
following cashflow?
CFo CF₁
H
($8,500,000) $3,100,000
19.33%
O 7.42%
10.14%
5.42%
i = 12%
CF₂ CF3
H
$3,100,000
($3,900,000)
CF4
$4,850,000
CF5
$2,950,000
Transcribed Image Text:What is the modified internal rate of return for the following cashflow? CFo CF₁ H ($8,500,000) $3,100,000 19.33% O 7.42% 10.14% 5.42% i = 12% CF₂ CF3 H $3,100,000 ($3,900,000) CF4 $4,850,000 CF5 $2,950,000
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