In: Finance
Calculate the MIRR of the following project. Your initial investment cost is $180, and you will receive cash inflows of $55, $142, and $35 over the next three years. The discount rate is 13%. Show all of your work. Round to the nearest 0.01%.
Pls find below steps, formula and answer;
MIRR of these cashflows is 13.86%;
In this case, we have used the excel formula for calculating MIRR; and both the finance rate and the reinvestment rates have been considered as 13%;