June 2012 Q4 Tisa (2b)Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › June 2012 Q4 Tisa (2b)This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts December 8, 2016 at 9:13 am #362180 cyhMemberTopics: 26Replies: 42☆☆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? December 8, 2016 at 3:27 pm #362267 John MoffatKeymasterTopics: 57Replies: 54500☆☆☆☆☆For the IRR you make two guesses as you have done.For the MIRR you must use the WACC.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In