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D. Try to choose the correct answer, note that four wrong answers will cancel one correct answer (i.e. each wrong answer will be penalized by
D. Try to choose the correct answer, note that four wrong answers will cancel one correct answer (i.e. each wrong answer will be penalized by - 1 pt.): [ 4 pts.] A cutting-edge product had the following net cash flow series during its first 5-year period on the market Assuming an investment rate of 21% and a borrowing rate of 10% per year. Which one of the following value is closest to the modified ROR (MIRR)? Year Net Cash Flow ($) Cumulative Cash Flow ($) 0 -50,000 -50,000 1 39,000 - 11,000 2 39,000 28,000 3 - 111,000 --83,000 4 39,000 - 44,000 5 139,000 95,000 Select one: a. 10 b. 25 c. 16 d. 20
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