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Matterhorn Mountain Gear is evaluating two projects with the following cash flows:
| Year | Project X | Project Y |
| 0 | | $318,600 | | | $297,650 | |
| 1 | | 146,500 | | | 137,500 | |
| 2 | | 164,000 | | | 154,700 | |
| 3 | | 129,100 | | | 120,450 | |
| |
What interest rate will make the NPV for the projects equal?
A project has the following cash flows :
| Year | Cash Flows |
| 0 | $11,100 | |
| 1 | 4,750 | |
| 2 | 6,820 | |
| 3 | 4,320 | |
| 4 | 1,760 | |
| |
Assuming the appropriate interest rate is 9 percent, what is the MIRR for this project using the discounting approach?
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