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CIMA Exam CIMAPRO19-P02-1 Topic 4 Question 26 Discussion
Actual exam question for
CIMA's
CIMAPRO19-P02-1 exam
Question #: 26
Topic #: 4
[All CIMAPRO19-P02-1 Questions]
Topic #: 4
The following cash flows are forecast for a potential investment project.
The cost of capital for the project is 12% per year and the company uses a straight line depreciation policy.
What is the modified internal rate of return (MIRR) of the project?
Give your answer to the nearest whole percentage.
Suggested Answer:
A
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