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0 3 House Co. is considering a proposed project with the following cash flows. Should this project be accepted based on the combination approach to

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0 3 House Co. is considering a proposed project with the following cash flows. Should this project be accepted based on the combination approach to the modified internal rate of return if both the discount rate and Year Cash Flow -$375,000 the reinvestment rate are 16 percent? Why or why not? 1 104,500 2 -35,600 244,700 271,000 Yes; The MIRR is 14.78 percent. Yes: The MIRR is 15.64 percent. No; The MIRR is 12.91 percent. No, The MIRR is 14.78 percent. No: The MIRR is 15.64 percent

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