"The FIN340 Company is evaluating a project with the following projected annual cash flows: (Period 0 (Start of Project): $-18,220,000, Period 1: $3,495,000, Period 2: 1,747,500, Period 3: $5,660,000, Period 4: $13,900,000, Period 5: $662,000); Our company has a WACC of 16.15% - Calculate the Modified Internal Rate of Return (MIRR) for this project."

12.31%
		11.07%
		10.60%
		16.15%
		49.20%
		14.30%
		18.94%