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A project has the following cash flows year 0 cash flow ($250) year 1 cash flow $100 year 2 cash flow (x) year 3 cash

A project has the following cash flows year 0 cash flow ($250) year 1 cash flow $100 year 2 cash flow (x) year 3 cash flow $150 year 4 cash flow $275 year 5 cash flows $300. Notice this project requires two cash outflows at Years 0 and 2, and produces positive cash inflows in the remaining periods. The project's appropriate WACC is 10% and its modified internal rate of return (MIRR) is 13.50%. What is the value of the project's cash outflow in Year 2? a. $295.20 b. $243.96 c. $375.00 d. $493.96 e. $288.75

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