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Computer Consultants Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's MIRR? Note

Computer Consultants Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's MIRR? Note that a project's MIRR can be less than the cost of capital (and even negative), in which case it will be rejected.

r = 10.00%
Year 0 1 2 3
Cash flows $1,000 $450 $450 $450
a. 14.20%
b. 11.50%
c. 10.35%
d. 9.32%
e. 12.78%

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