Calculate the MIRR for the following projects with a discount and reinvestment rate of 12%: Project 1 costs $100,000 and earns $50,000 each year for three years.
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Future value = $50,000 + $50,000/(1+0.12) + $50,000/(1+0.12)^2 Future value = $50,000 + $44,643 + $39,731 Future value = $134,374 Show more…
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