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Polk Products is considering an investment project with the following cash flows: Year 0 Year 1 Year 2 Year 3 Cashflow -100 90 -20 30

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Polk Products is considering an investment project with the following cash flows: Year 0 Year 1 Year 2 Year 3 Cashflow -100 90 -20 30 The company's cost of capital is 10%, and it can get an unlimited amount of capital at that cost. What is the modified internal rate of return (MIRR) for the Project? Select one: a. 8.54% b. 6.03% c. 15.77% d. 11.54% e. 10.00%

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