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Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Modified Internal Rate of Return – P4
What does it mean when P4 says that the result of a MIRR is close to NPV?
Because of that MIRR over come the problem of reinvestment asumption as like in IRR so here in MIRR the cash are assume to reinvest at WACC and in NPV discounting is also at WACC so that they are similar and better then IRR
