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Having studied capital budgeting in this class, your employer needs your help in evaluating a project with the cash flows listed in the table below.

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Having studied capital budgeting in this class, your employer needs your help in evaluating a project with the cash flows listed in the table below. Note that the required return on this project is 10%. Cash Flows -$350,000 $80,000 $90,000 $150,000 $75,000 $90,000 Year 0 (Initial Outlay) 1 O 11.85% O 11.04% O 11.20% O 10.66% 2 3 4 5 What is the Modified Internal Rate of Return (MIRR) of this project

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