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Polk Products is considering an investment project with the following cash flows: Year 0 Year 1 65 Year 2 -20 Year 3 60 Cashflow -85
Polk Products is considering an investment project with the following cash flows: Year 0 Year 1 65 Year 2 -20 Year 3 60 Cashflow -85 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: O a. 7.48% O b. 6.03% O c. 10.95% O d. 12.24% e. 8.43%
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