Project A has a cost of R1,000, and it will produce end-of-year net cash inflows of R500 per year for 3 years.The project's required rate of return is 10 percent.What is the difference between the project's IRR and its MIRR?
A) 3.88%
B) 4.31%
C) 5.09%
D) 5.75%
E) 6.21%
Correct Answer:
Verified
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