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3. MBC Inc. is considering a project with the following cash flows. The company's WACC is 10%, what is the project's modified internal rate

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3. MBC Inc. is considering a project with the following cash flows. The company's WACC is 10%, what is the project's modified internal rate of return (MIRR)? (recall MIRR is the discount rate that causes the PV of a project's terminal value (TV) to equal the PV of costs, and terminal value is the sum of the future value of cash inflows). Show step by step how you get your answer. (6 points) Year Project A Cash Flow 0 -$700 1 400 -200 2345 600 500 600

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