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The FIN340 Company is evaluating a project with the following projected annual cash flows: (Period 0 (Start of Project): $-1,700, Period 1: $-850, Period 2:

The FIN340 Company is evaluating a project with the following projected annual cash flows: (Period 0 (Start of Project): $-1,700, Period 1: $-850, Period 2: 490, Period 3: $1,325, Period 4: $870, Period 5: $75); Our company has a WACC of 8.00% - Calculate the Modified Internal Rate of Return (MIRR) for this project."

5.02%

2.81%

4.65%

8.00%

4.88%

5.42%

5.13%

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