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8. The director of capital budgeting for Big Sky Health System, Inc. has estimated the following cash flows for a new service and has a

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8. The director of capital budgeting for Big Sky Health System, Inc. has estimated the following cash flows for a new service and has a cost of capital of 10%. What is the project's MIRR? Annual Cash Project Cost of Year Flows Capital $ (125,000) 10% 75,000 55,000 25,000 Choice: 12.1% Choice: 16.9% Choice: 13.3% Choice: 9.5%

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