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67. Sheakley Industries is considering expanding its current line of business and has developed the following expected cash flows for the project. Should this project

67. Sheakley Industries is considering expanding its current line of business and has developed the following expected cash flows for the project. Should this project be accepted based on the discounting approach to the modified internal rate of return if the discount rate is 13.4 percent? Why or why not? A. Yes; The MIRR is 6.50 percent. B. Yes; The MIRR is 7.59 percent. C. Yes; The MIRR is 8.23 percent. D. No; The MIRR is 6.50 percent. E. No; The MIRR is 7.59 percent.

MIRR =( Terminal value/ pv cost ?^?1/n), here pv cost=401226.94, how does terminal value caculate,

is terminal value=67500^(1.134)^3+238900^(1.134)^2+164500^(1.134)=592191.3904, why can't i get the right answer,

don't paste the answer to the testbank, can help calculate the terminal value???

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