Sir i just listened to your lecture on MIRR. I wanted to know cannt we use the same way to find the present value.like for 3839 cant we do like 3829×1.1275^-4. Like to use the formula on top of discount table the discountcrate is 12.75% but in book its done complete the other way. Thanks.
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There are two ways of calculating MIRR - both of which give the same result.
The examiner shows both ways in his answer. You can use either way - it does not matter which.
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