For the net cash flow series, find the external rate of return (EROR) using the MIRR...

For the net cash flow series, find the external rate of return (EROR) using the MIRR method with an investment rate of 25% per year and a borrowing rate of 11% per year.

Year	1	2	3	4	5	6
Net Cash Flow, $	4,000	-5,000	-3,000	6,000	-800	3,400

The external rate of return is %.

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Expert Solution

Rahul Sunny answered 1 year ago

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