The following project is being considered in this year's capital budget. Calculate the NPV, the IRR and the MIRR for the projects and indicate the correct adopt-reject decision. Your firm's cost of capital is 10%.

Cash Flows

YEAR PROJECT 1

0 -34,000

1 17,000

2 15,000

3 13,000

a) NPV__________________

b) IRR_________________

c) MIRR_________________

d) ADOPT-REJECT DECISION_______________________________________________