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Homework answers / question archive / A project has an initial cost of $48,900 and cash flows of $31,300, –$11,600, and $40,300 for Years 1 to 3, respectively

A project has an initial cost of $48,900 and cash flows of $31,300, –$11,600, and $40,300 for Years 1 to 3, respectively

Finance

A project has an initial cost of $48,900 and cash flows of $31,300, –$11,600, and $40,300 for Years 1 to 3, respectively. The discount rate is 14 percent. What is the modified IRR?

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