What is the modified internal rate of return for the following cashflow? CF0 CF₁ H ($8,250,000) 32.11% 19.52% 14.03% 26.41% $4,950,000 i = 9% CF₂ $4,950,000 CF3 ($1,850,000) CF4 $4,550,000 CF5 $2,850,000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What is the modified internal rate of return for the following cashflow?
CFO CF ₁
H
($8,250,000)
32.11%
19.52%
14.03%
26.41%
$4,950,000
i = 9%
CF2 CF 3
$4,950,000
($1,850,000)
CF5
H
$2,850,000
CF4
$4,550,000
Transcribed Image Text:What is the modified internal rate of return for the following cashflow? CFO CF ₁ H ($8,250,000) 32.11% 19.52% 14.03% 26.41% $4,950,000 i = 9% CF2 CF 3 $4,950,000 ($1,850,000) CF5 H $2,850,000 CF4 $4,550,000
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