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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. 9.32%
b. 12.78%
c. 14.20%
d. 10.35%
e. 11.50%

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