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Modified Internal Rate of Return (MIRR) Is the Discount Rate

Question 35

Multiple Choice

Modified internal rate of return (MIRR) is the discount rate that forces the present value of a project's terminal value to equal the _____. 


A) future value of its purchase price
B) future value of its cash outflows
C) present value of its cash inflows
D) future value of its cash inflows
E) present value of its cash outflows

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