The following table
of the toi-Toi
represents the cash flows (in
Shoe Shop:
Year
3
5
7
9
11
(in rauds)
Cash flows
40
000
- 70 000
80 000
10 000
100 000
Money can be borrowed at 14,25%.
and
investments
per year
8.27.1. pear year. If the
can earn
future value of the cash inflows IS R187 253, 06-
the the
the MIRR is
approximately