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Green Submarine has a project with the following cash flows: Year Cash Flows $ 1 7 , 3 0 0 1 6 , 5 3

Green Submarine has a project with the following cash flows:
Year
Cash Flows
$17,300
1
6,530
2
11,000
3
7,510
4
2,500
The discounting rate is 8 percent and the reinvestment rate is 10 percent. What is the MIRR for this project using the combination approach?
A.11.42%
B.13.22%
C.14.37%
D.12.14%
E.15.76%

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