What is the modified internal rate of return of investment
Problem
What is the modified internal rate of return of an investment that projects a reinvestment rate of return of 10 percent and has the following projected cash flows: Yr0 = -100, Yr1 = 25, Yr2 = 35, Yr3 = 45, Yr4 = 35, and Yr5 = 30?
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What is the modified internal rate of return of an investment that projects a reinvestment rate of return of 10 percent and has following projected cash flows.
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