Hi Sir, i use the Discount rate 20% and 30% in order to find out the IRR 27.6%
however, when i use the discount rate 30% to find out MIRR, i get the MIRR 28.2%, which is higher than IRR.
the MIRR working as follow:
(3591.5/3800)^0.25 x 1.3 - 1 = 28.2%
may i know which part i was done wrong?
or we must use the WACC 12.75% to find out IRR& MIRR?
Ask the Tutor ACCA AFM
June 2012 Q4 Tisa (2b)
9y ago#1For the IRR you make two guesses as you have done.
For the MIRR you must use the WACC.
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