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4. Project C has the following net cash flows: Year 0 Project C Cash Flow 1 2 3 4 -$500 200 - 200 400

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4. Project C has the following net cash flows: Year 0 Project C Cash Flow 1 2 3 4 -$500 200 - 200 400 600 2 Project C has a 9.5 percent cost of capital. Calculate the project's MIRR Note: Any cash outflow is defined as a cost. PV(Costs) $666.80 TV = $1300.59 MIRR 18.18%

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