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Marathon Technologies, Inc is using the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from

Marathon Technologies, Inc is using the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from the project at an annual rate of 11.82. The initial outlay for this project is 477600. Find the MIRR for the company's project. The project will produce the following after tax cash inflows of Year 1: 202900 Year 2: 275000 Year 3: 210100 Year 4: 186900

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