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The FIN340 Company has a WACC of 13.0% and is evaluating a project with the following projected annual cash flows: Period 0 (Start of Project):
The FIN340 Company has a WACC of 13.0% and is evaluating a project with the following projected annual cash flows: Period 0 (Start of Project): $-500, Period 1: $-360, Period 2: $195, Period 3: $830, Period 4: $225, Period 5: $180 - Calculate the Modified Internal Rate of Return (MIRR) for this project.
19.82%
14.82%
18.93%
18.28%
15.21%
Insufficient data provided to calculate
16.75%
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