Answered You can hire a professional tutor to get the answer.
Your best friend approaches you with a proposal to invest in a project with the flowing cash flow Year cash flow 0 -800 1 5,000
Your best friend approaches you with a proposal to invest in a project with the flowing cash flow
Year cash flow
0 -800
1 5,000
2 -5,000
What is this project's Modified internal rate of return?