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Green Submarine has a project with the following cash flows: Year Cash Flows 0 $17,600 1 6,830 2 11,900 3 7,750 4 2,800 The discounting

Green Submarine has a project with the following cash flows:

Year Cash Flows

0 $17,600

1 6,830

2 11,900

3 7,750

4 2,800

The discounting rate is 9 percent and the reinvestment rate is 11 percent.

What is the MIRR for this project using the combination approach?

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