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26. Green Submarine has a project with the following cash flows: Year Cash Flows $18,200 1 7,430 2 13,700 3 8,230 4 3,400 The discounting
26. Green Submarine has a project with the following cash flows:
Year Cash Flows
$18,200
1 7,430
2 13,700
3 8,230
4 3,400
The discounting rate is 7 percent and the reinvestment rate is 9 percent. What is the MIRR for this project using the combination approach?
Multiple Choice 13.49% 19.02% 13.80% 16.36% 22.35%
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