Facebook is contemplating a new project where they will not have ads or click bait but will charge customers for using Facebook. They are estimating that they will invest $550,000 initially then will have positive cash flows over the next four years of
Year 1: $50,000
Year 2: $75,000
Year 3: $180,000
Year 4: $200,000
Use a WACC of 8.7 % for the finance and reinvestment rates. What is the MIRR of this project? Get Finance homework help today
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