Corporate Finance Case Study : Bullock Gold Mining SlideShare
9. NPV NPV formula in Ms Excel = NPV (rate, values) NPV formula in after correction = NPV (rate, values) + initial cost. 10. IRR IRR formula in Ms Excel = IRR (values) MIRR formula in Ms Excel = MIRR (values, finance rate, reinvest rate ) 11. IRR IRR = 24% 13,777,690/x = 171,141,/13x x = 12.