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A project has the following cash flows : Year Cash Flows 0 $12,500 1 5,590 2 8,080 3 5,440 4 1,480 Assuming the appropriate interest

A project has the following cash flows :

Year Cash Flows
0 $12,500
1 5,590
2 8,080
3 5,440
4 1,480

Assuming the appropriate interest rate is 7 percent, what is the MIRR for this project using the discounting approach?

19.01%

16.30%

13.08%

10.90%

21.10%

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