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Williamson, Inc. is considering a project that has the following cash flow and WACC data. What is the project's modified internal rate of return (MIRR)?

Williamson, Inc. is considering a project that has the following cash flow and WACC data. What is the project's modified internal rate of return (MIRR)?

WACC:

10.00%

Year

0

1

2

3

4

Cash flows

$850

$300

$320

$340

$360

Select one:

a. 18.94%

b. 15.65%

c. 17.21%

d. 14.08%

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