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An LLC is evaluating a project with the following cash flows: Year 0 1 2 Cash flow -$16,000 6,100 7,800 8,400 6,500 -5,100 3 4

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An LLC is evaluating a project with the following cash flows: Year 0 1 2 Cash flow -$16,000 6,100 7,800 8,400 6,500 -5,100 3 4 5 Requirement 1: The company uses the interest rate of 12% on all of it's projects. In the table below, show the modified cash flows and calculate the modified internal rate of return (MIRR) using the "Combination" approach. Year 0- $? 1. $? 2- S? 3- SP 4. S? 5. S? MIRR %

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