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Calculate the modified IRR of project A considering the following estimated data: Initial cost at time 0=$1,000 After-tax, end of year cash inflows are as
Calculate the modified IRR of project A considering the following estimated data: Initial cost at time 0=$1,000 After-tax, end of year cash inflows are as follows: first year: $1,150; second year: $100. The risk-adjusted cost of capital (or WACC) is 10%. Select one: a. 18.74% b. 16.83% c. 19.13% d. 11.975%
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