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Business, 17.08.2021 23:10 NoodlesYT

Leo company is considering a new venture in office equipment. It expects the cost of acquisition of land and building to be $100,000. Leo company expects cash flows to be $40,000 the first year and $45,000 for the next 4 years. It will discontinue the furniture operation upon the completion of the 5th year. Assume no salvage value. The company's WACC is 10%. What is Leo company's MIRR

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