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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 -75 70 -30 60

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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 -75 70 -30 60 The company's cost of capital is 9%, 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. 6.03% b. 12.24% c. 7.48% d. 10.95% e. 12.61%

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