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Question 16 (5 points) A firm considers a project with the following cash flows: the initial cost at time 0 is $1,000 (negative), the following

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Question 16 (5 points) A firm considers a project with the following cash flows: the initial cost at time 0 is $1,000 (negative), the following cash flows received are $1,000, $100, $50, $50 in Year 1 to Year 4, respectively. What's its MIRR if WACC=10%? A) 13.00% B) 12.16% C) 11.70% D) 9.98% E) 10.62%

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