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A project costs $150MM and has cash fiows of $106MM in year 1 and $116.6MM in year two. The company's weighted average cost of capital

A project costs $150MM and has cash fiows of $106MM in year 1 and $116.6MM in year two. The company's weighted average cost of capital is 8%. What is the project's modified internal rate of retum? 47.23%12.37%.31.23%24.70%

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