the nonconventional bet cash fnow series shown, the external rate of retum per year using the MIRR method, vith an investment rat borrowing rate of 8% per year, is closest to: Year 1 3. NCF, S -40,000 +16,673 -29,000 +25,000 +53,798

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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QUESTION 4
For the nonconventional net cash flow series shown, the external rate of retum per year using the MIRR method, with an investment rate of 20% per year and a
borrowing rate of 8% per year, is closest to:
Year
3
NCF, S
-40,000
+16,673
-29,000
+25,000
+53,798
Transcribed Image Text:QUESTION 4 For the nonconventional net cash flow series shown, the external rate of retum per year using the MIRR method, with an investment rate of 20% per year and a borrowing rate of 8% per year, is closest to: Year 3 NCF, S -40,000 +16,673 -29,000 +25,000 +53,798
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