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Project A which costs of $1,200 to purchase, will generate net cash inflows equal to $500, $600, $700, $800, respectively, during the next four years.

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Project A which costs of $1,200 to purchase, will generate net cash inflows equal to $500, $600, $700, $800, respectively, during the next four years. The project's required rate of return is 10.6 percent. What is the modified internal rate of return (MIRR)? a. 10.00% b. 18.07% 6.36.20% d. 25.58%

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