A project requires $$7,800$ of fixed assets. The expected cash flows are $-$$$800$ in year $1,$ $$5,600$ in year $2,$ and $$7,600$ in year $4.$ How are the cash flows modified prior to computing the MIRR if the cost of capital is $12$ percent?

Multiple choice question.

CF$0=-$$$7,800+(-$$$800/1\mathrm{.}12)$

CF$4=($$$5,600\backslash$times $1\mathrm{.}12)+$ $$7,600$

CF$0=-$$$7,800+(-$$$800/1\mathrm{.}12)$

CF$4=($$$5,600\backslash$times $1\mathrm{.}122)+$ $$7,600$

CF$0=-$$$7,800$

CF$4=(-$$$800\backslash$times $1\mathrm{.}123)+($$$5,600\backslash$times $1\mathrm{.}122)+$ $$7,600$

CF$0=-$$$7,800+(-$$$800/1\mathrm{.}12)+($$$5,600/1\mathrm{.}122)+($$$7,600/1\mathrm{.}124)$