Amina's proposed project has an initial cost of $128,600 and cash flows of $64,500, $98,300,...
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Amina's proposed project has an initial cost of $128,600 and cash flows of $64,500, $98,300, and $15,500 for Years 1 to 3 respectively. If all negative cash flows are moved to Time 0 at a discount rate of 10 percent, what is the modified internal rate of return? USING EXCEL FORMULAS
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