3 $202 $451 -$500 - $X $196 $350

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
Section: Chapter Questions
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A project has the following cash flows:

This project requires two outflows at Years 0 and 2, but the remaining cash flows are positive.
Its WACC is 10%, and its MIRR is 14.14%. What is the Year 2 cash outflow?

3
$202
$451
-$500
- $X
$196
$350
Transcribed Image Text:3 $202 $451 -$500 - $X $196 $350
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