4 Problem 07.042 - Hand calculation of MIRR method with constant cash flows 2 points...
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4 Problem 07.042 - Hand calculation of MIRR method with constant cash flows 2 points The Martian Corporation, a space vehicle development company, is starting a new division that will develop the next-generation launch missile engine configuration. Use a hand application of the MIRR method to determine the EROR for the estimated net cash flows (in $1000 units) of S-58,000 in year 0, $12,000 in years 1 through 8, and $-2,000 in year 9. Assume a borrowing rate of 12% and an Investment rate of 30% per year. eBook The external rate of return is %
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