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Which of the following statements is CORRECT? Select one: a. Unlike the discounted payback method, the regular payback method does not take into account the

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Which of the following statements is CORRECT? Select one: a. Unlike the discounted payback method, the regular payback method does not take into account the time value of money. b. Unlike the discounted payback method, the regular payback method takes into account the cashflows beyond the payback year. c. Other things equal, the discounted payback method takes a shorter time to breakeven than the regular payback method. d. Unlike the IRR method, the NPV method provides an estimate of the maximum cost of capital that a company can afford. e. Both the IRR and NPV methods tell us when we recover our investment. Polk Products is considering an investment project with the following cash flows: Year Ol Year 1 Year 2 Year 3 Year 4 Year 5 Cashflow -100 90 -25 -40 30 80 The company's cost of capital is 10%, 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. 10.80% b. 15.77% c. 10.18% d. 6.03% e. 8.54%

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