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The FIN340 Company has a WACC of 9.0% and is evaluating a project with the following projected annual cash flows: Period 0 (Start of Project):

"The FIN340 Company has a WACC of 9.0% and is evaluating a project with the following projected annual cash flows: Period 0 (Start of Project): $-280, Period 1: $-140, Period 2: $85, Period 3: $390, Period 4: $115, Period 5: $70 - Calculate the Modified Internal Rate of Return (MIRR) for this project."

16.92%

12.37%

14.70%

15.20%

11.77%

Insufficient data provided to calculate

13.48%

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