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Westwood Painting Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's MIRR? Note

Westwood Painting Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's MIRR? Note that a project's MIRR can be less than the cost of capital (and even negative), in which case it will be rejected. r = 12.25% Year 0 1 2 3 4 Cash flows $850 $300 $320 $340 $360 a. 16.56% b. 20.04% c. 18.22% d. 13.42% e. 14.91%

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