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Consider a project that calls for a cash outflow of $ 6 0 today, a cash inflow of $ 1 5 5 in one year,

Consider a project that calls for a cash
outflow of $60 today, a cash inflow of $155 in one year, and a cash outflow of $100 in
two years. The required rate of return on the project is 20%. Use either the discounting
Page 5 of 11
approach, the reinvestment approach, or the combination approach to calculate the
Modified Internal Rate of Return (MIRR)
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