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A 5-year project requires a capital investment of 440 million dollars. The cash flows for the following 5 years are 175 , 200,150,140, and 120

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A 5-year project requires a capital investment of 440 million dollars. The cash flows for the following 5 years are 175 , 200,150,140, and 120 million dollars, respectively. The required rate of return on this project, based on the risk of the project, is 11 percent. Calculate the modified internal rate of return (MIRR) to decide whether to accept or not the project. What is the modified internal rate of return (MIRR) of the project? 0.06932 0.08877 0.096605 0.10185

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