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Miller and Sons is evaluating a project with the following cash flows: Year Cash Flows 0 -$150,000 1 20,000 2 45,000 100,000 4 30,000 5

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Miller and Sons is evaluating a project with the following cash flows: Year Cash Flows 0 -$150,000 1 20,000 2 45,000 100,000 4 30,000 5 - 10,000 The company uses a 7 percent reinvestment rate and a 12 percent discount rate on all of its projects. What is the MIRR of the project using the discount approach? Hint: This information will be used on three related MIRR problems. O 7.76 percent 9.05 percent 8.74 percent O 7.05 percent 7.92 percent

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