Projects modified internal rate of return-simmons shoes


Question: 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)?

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Finance Basics: Projects modified internal rate of return-simmons shoes
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