A mining company plans to mine a beach for rutile. To do so will cost $16 million up front and then produce cash flows of $9 million per year for five years. At the end of the sixth year the company will incur shut-down and clean - up costs of 58 million. If the cost of capital is 13%, then what is the MIRR for this project? OA. -90% OB. -70% OC - 100% OD. - 110%