Home / Questions / MIRR A project has the following cash flows: 0 1 2 3 4 5 -$500 $215 -$X $194 $330 $471 T...
MIRR
A project has the following cash flows:
0 | 1 | 2 | 3 | 4 | 5 |
-$500 | $215 | -$X | $194 | $330 | $471 |
This project requires two outflows at Years 0 and 2, but the remaining cash flows are positive. Its WACC is 14%, and its MIRR is 16.37%. What is the Year 2 cash outflow? Round your answer to the nearest cent. Do not round your intermediate calculations.
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