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Polk Products is considering an investment project with the following cash flows: Year 0 Year 1 Year 2 Year 3 Cashflow -80 60 -10 45
Polk Products is considering an investment project with the following cash flows: Year 0 Year 1 Year 2 Year 3 Cashflow -80 60 -10 45 The company's cost of capital is 9%, and it can get an unlimited amount of capital at that cost. What is the modified internal rate of return (MIRR) for the Project? Select one: a. 11.54% b. 4.56% c. 8.54% d. 6.03% e. 9.56%
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