标题: a question in CMA part 3, thanks! [打印本页] 作者: snowflower 时间: 2008-1-17 11:13 标题: a question in CMA part 3, thanks! A project requires an initial cash investment at its inception of $10,000, and no other cash outflows are necessary. Cash inflows from the project over its 3-year life are $6,000 at the end of the first year, $5,000 at the end of the second year, and $2,000 at the end of the third year. The future value interest factors for an amount of $1 at the firm's desired rate of return of 8% are period 1. 1.08; 2. 1.166 3. 1.26 4. 1.36
the present value interest factors for an amount of $1 for three periods are as follows: 8%. .794 9%: .772 10%: .751 12%: .712 14%: .675
The modified IRR for the project is closets to A. 10% B. 12% C. 8% D. 9%
