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An independent project that requires an initial investment of $340,000 is expected to have an after-tax cash flow of $70,000 per year for the first

An independent project that requires an initial investment of $340,000 is expected to have an after-tax cash flow of $70,000 per year for the first two years, -$90,000 per year for the next two years, and $550,000 for the fifth year. Would you take this project based on MIRR analysis if your required return is 10%?

A) Yes

B) No

C) You'd be indifferent between accepting and rejecting it.

D) Cannot be determined.

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