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Green Moose Industries is analyzing a project with the following cash flows: Year Cash Flow 0 -$703,000 1 $325,000 2 -$450,000 3 $540,000 4 $360,000

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Green Moose Industries is analyzing a project with the following cash flows: Year Cash Flow 0 -$703,000 1 $325,000 2 -$450,000 3 $540,000 4 $360,000 This project has cash flows. Green Moose Industries's WACC is 9.00%. What is this project's modified internal rate of return (MIRR). 0 4.86% O 5.079 06.07% 9.00% Green Moose Industries's managers select projects based only on the MIRR criterion. Should Green Moose Industries's managers accept this independent project? Yes No

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