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elect the correct answer choice. Question 15 4 pts Vulcan Materials is considering a new inventory system that will cost $1,125,000. The system is expected

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elect the correct answer choice. Question 15 4 pts Vulcan Materials is considering a new inventory system that will cost $1,125,000. The system is expected to generate positive cash flows over the next four years in the amounts of $550,000 in year one, $450,000 in year two, $275,000 in year three, and $350,000 in year four. Vulcan Materials' required rate of return is 10%. What is the modified internal rate of return (MIRR) of this project? 14.43% 17.19% 13.68% 9.67% - Previous Next

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