Answer the following questions. Polk Products is considering an investment project with the following cash flows:

	Year 0	Year 1	Year 2	Year 3	Year 4	Year 5
Cashflow	-100	90	-25	-40	30	80

The companys cost of capital is 10%, and it can get an unlimited amount of capital at that cost.

What is the modified internal rate of return (MIRR) for the Project?

Select one:

a. 15.77%

b. 10.80%

c. 10.18%

d. 6.03%

e. 8.54%