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Dilara Manufacturing is evaluating a new project. The initial investment required is $88,525.70 and the cost of capital is 5%. Expected cash flows over the

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Dilara Manufacturing is evaluating a new project. The initial investment required is $88,525.70 and the cost of capital is 5%. Expected cash flows over the next four years are given below: Years Cash Flow ($) 18,000 12 50,000 13 39,600 14 31,000 What is the MIRR of the project? DAILM 10.6% 11.5 10.7% 12.5%

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