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The project has a cost of $275,000 and is expected to provide after-tax annual cash flows of $73,306 for eight years. The firm's management is

The project has a cost of $275,000 and is expected to provide after-tax annual cash flows of $73,306 for eight years. The firm's management is uncomfortable with the IRR reinvestment assumption and prefers the modified IRR approach. You have calculated a cost of capital for the firm of 12 percent. What is the project's MIRR?

I know it is 16%, but how do I input this into my BAII calculator to calculate it? N=8 NPV=-275000? and what else? Right now I multiplied the payments times the percentage 73306*12=879672 and am using that as the FV.

Help please!

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