Miller and Sons is evaluating a project with the following cash flows:

Year	Cash Flows
0	-$150,000
1	20,000
2	45,000
3	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 combination approach? What is the MIRR of the project using the reinvestment approach? What is the MIRR of the project using the reinvestment approach?

		A. 7.76 percent
		B. 9.05 percent
		C. 8.74 percent
		D. 7.05 percent
		E. 7.92 percent

Each approach should yield a different answer.