Arsoy Inc. is investigating Project X. The cash flows of the project are given in the table below. If the payback period of the project is 2,5 years, what is the initial investment outlay of the project? If Arsoy Inc. wants to earn %12 return from this project, what is the Modified Internal Rate of Return (MIRR) of the Project? Year Cash Flow 0 ? 1 $ 2.000 2 $ 3.000 3 $ 3.000 4 $ 1.500 A) $ 6.500; 20% B) $ 8.000; 20% C) $ 6.000; 15,16% D) $ 5.000; 18 % E) $ 6.500; 15,16 %