Unformatted text preview: 4 5       14% 7,500 7,500 7,500 7,500 7,500 8,550 9,747 11,112 12,667 22,430 MIRR = 17.19% (Accept) 49,576 Financial calculator: Obtain the FVA by inputting N = 5, I = 14, PV = 0, PMT = 7500, and then solve for FV = $49,576. The MIRR can be obtained by inputting N = 5, PV = 22430, PMT = 0, FV = 49576, and then solving for I = 17.19%. Answers and Solutions: 11  8...
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This note was uploaded on 07/13/2011 for the course FIN 4414 taught by Professor Staff during the Spring '08 term at University of Florida.
 Spring '08
 Staff

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