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Green Submarine has a project with the following cash flows: Year Cash Flows $17,900 1 7,130 2 12,800 3 7,990 4 3,100 The discounting rate

Green Submarine has a project with the following cash flows: Year Cash Flows $17,900 1 7,130 2 12,800 3 7,990 4 3,100 The discounting rate is 6 percent and the reinvestment rate is 8 percent. What is the MIRR for this project using the combination approach? Multiple Choice a 17.23% b 14.78% c 20.23% d 12.08% e 12.44%

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