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Green Moose Industries Inc. is analyzing a project with the following cash flows: This project has cash flows. Year Cash Flow Year 0 -$1,560,000

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Green Moose Industries Inc. is analyzing a project with the following cash flows: This project has cash flows. Year Cash Flow Year 0 -$1,560,000 Year 1 $300,000 Year 2 $550,000 Year 3 $660,000 Year 4 $440,000 Green Moose Industries's WACC is 7.50%. Calculate this project's modified internal rate of return (MIRR). 7.50% 6.76% 8.45% 10.45% Green Moose Industries's managers select projects based only on the MIRR criterion. Should Green Moose Industries's managers accept this independent project? Yes 00 No

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