1. You are considering an investment project with the cash flows of -500 (the initial cash flow), 700 (cash flow at year 1), -100 (cash flow at year 2). Given the discount rate of 10%, compute the Modified Internal Rate of Return (MIRR) using the discounting approach.

14.27%

16.39%

18.88%

20.14%

2.

You are considering an investment project with the cash flows of -500 (the initial cash flow), 700 (cash flow at year 1), -100 (cash flow at year 2). Given the discount rate of 10%, compute the Modified Internal Rate of Return (MIRR) using the combination approach.

		14.96%
		16.56%
		18.21%
		12.91%