Supoose MIRR of the project is 11% and the cost of the capital is 10% and IRR is 14%. What does MIRR value (11%) imply?
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MIRR
It is greater than the cost of capital and therefore the project is worth accepting.
However we would not need the MIRR to know that!
The real relevance is when comparing projects, as I explain in my free lecture.
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