Please Show in Excel with formula 3. Indiana Jones pays $230,000 today for...
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Please Show in Excel with formula
3. Indiana Jones pays $230,000 today for a boat that is able to travel through thick ice. He uses the boat to explore the North Pole. Over the next five years, Jones finds enough gold in the ice to generate annual cash flows of $55,000. The risk-free rate of interest is 3%, the market return is 9%, and Jones can borrow at 5%. Compute the NPV and the MIRR of the asset (boat)
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