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MC algo 9-18 Calculating MIRR A project has the following cash flows: Year 0 1 Cash Flows -$12,300 5,470 7,900 5,280 -1,520 2 3 4

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MC algo 9-18 Calculating MIRR A project has the following cash flows: Year 0 1 Cash Flows -$12,300 5,470 7,900 5,280 -1,520 2 3 4 Assuming the appropriate interest rate is 9 percent, what is the MIRR for this project using the discounting approach? Multiple Choice 20.37% O 16.01% 13.90% O 11.59%

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